Four_Star
Re:Over $9T of Federal Debt Will Mature in the Next Four Years
on Monday May 13, 2019 @11:01AM (#19899936)
Indeed
The US Government Interest Expense Was 93% of Military Spending in 2018
The Limits of More Quantitative Easing
Who Holds the Most US Government Debt
The Powell Pivot: The Opposite of the ‘Volcker Moment’
Re:US Wages Finally Get Back to Where They Were in 1973
on Friday April 19, 2019 @11:18AM (#19700278)
It's inflation adjusted wages. As in adjusted for changes in average costs of living. Most people don't spend all their money on TVs. they spend it on food, housing, transportation, clothing and other things that existed in 1973. Furthermore, they adjust the inflation figure to account for changes in the technological utility of things
US Wages Finally Get Back to Where They Were in 1973
Briefly Comparing the Last Ten Economic Expansions
Re:Total US Debt Is over $75T; Debt-to-GDP Lower Than in 2008
on Wednesday April 03, 2019 @10:11AM (#19563444)
The peak was in 2008, as was the start of the Global Financial Crisis
Re:Total US Debt Is over $75T; Debt-to-GDP Lower Than in 2008
on Wednesday April 03, 2019 @10:08AM (#19563419)
Judging by Japan's example, a lot more. Though you never really know. It's like trying to predict just how much snow will cause an avalanche. All you can really do is look at it and say 'that looks dangerous.'
Total US Debt Is over $75T; Debt-to-GDP Lower Than in 2008
Re:Yield Curve Is More Inverted Than at This Point in Run-Up to Financ...
on Tuesday March 26, 2019 @10:44AM (#19492306)
The specific part that just inverted has inverted before every recession since 1957 (9 times) and given one false alarm in 1965
Yield Curve Is More Inverted Than at This Point in Run-Up to Financial Crisis
The US Economy Outgrew Money Supply for the First Time Since 2010
Who Holds the Most US Government Debt
Top U.S. Companies by Import and Export Volume
Forget About the Economy. Central Banks Are Back in the Stimulus Game, Right?
Map: Whether Every Country Imports More from China, the US, or Germany
Realistically Speaking, US Household Debt Is 15% Lower Than in 2008
Top U.S. Companies by Import and Export Volume
Realistically Speaking, US Household Debt Is 15% Lower Than in 2008
India Has the Most Polluted Cities on Earth
Germany’s Vanishing Military
The Military Balance Between India and Pakistan
China’s Money Supply Has Outgrown Its Economy over Two Fold Since 2009
Re:You’d Have to Eliminate 100% of Discretionary Spending to Halt the ...
on Thursday February 21, 2019 @10:44AM (#19217592)
Non-discretionary spending is mandatory spending, aka entitlement spending. Implied in the name 'non-discretionary' is that you can't just cut it without major entitlement reform.
The point of the article is that without that entitlement reform it's very hard to balance the budget, even with 100% taxes on the 1%.