I’m retooling things a bit with a view to get back into writing here in 2019.
From The Curious Capitalist:
“President Obama handled his first State of the Union pretty well on Wednesday evening. But overhanging his ambitious agenda is a darkening cloud of debt as we were reminded Thursday when the senate voted to raise the nation’s debt limit by $1.9 trillion. The CBO director recently noted that debt held by the public totaled $7.5 trillion, or 53% of GDP, at the end of 2009. Of perhaps greater concern, this frightening percentage only looks to get worse. By the end of 2020 the debt is expected to climb to $15