This State is on the Brink of Fiscal Meltdown
Taxes and spending already are too high, and huge unfunded liabilities point to an even darker future. If there is to be any hope for the future of this state, the Governor needs to hold firm.
fiscal policy
Even Jeremy Corbyn Knows High Taxes Are Destructive
The UK's Labour Party, which has become radically left wing under Corbyn, has openly acknowledged that the Laffer Curve is real and that higher tax rates impose at least some damage. This is how we know we're making progress.
America's Fiscal Outlook in 6 Sobering Charts
Maybe, just maybe, the data are so depressing that both the electorate and politicians will wake up and realize something needs to change.
Yellen: Don’t read too much in one job report
Yellen’s remarks weren’t surprising given the volatility in global markets, but investors will be looking for further clues the Fed will raise interest rates again in July [XInhua]
US Federal Reserve Chief Janet Yellen’s speech at the World Affairs Council of Philadelphia Monday struck an optimistic chord about the state of the domestic economy, world economic hiccups, and monetary policy in the months ahead.