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Have we learned anything from the Financial Crisis of 2007?

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I would say nothing at all…. In fact, instead of changing their behavior to prevent another crisis, the Powers-that-be seem to be doubling down on the strategies that Caused the Financial Crisis in the First Place Liberals blame deregulation and reckless Wall Street greed for the economic crisis. Conservatives blame bad government policy. What are […]

Wreckonomics: America’s Fiscal Policy in Action

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“The Moment of Truth” is upon us or so proclaims the title of the report issued by the bi-partisan National Commission on Fiscal Responsibility and Reform. The report correctly identifies the fiscal mess we now find ourselves: deficit spending that is unsustainable and entitlement programs that can’t possibly keep their promises without massive tax increases. […]