Election 2024 Edition #3: Climate Change

16 October 2024 In my last two blogs, I have focused on key issues to which the two Presidential candidates have paid insufficient attention: the bloated government budget deficit and surging public sector debt, as well as international trade policy and rising US foreign indebtedness. In both cases, I gave the narrow edge to Vice [...]

Election 2024: What They’re Not Telling Us

20 September 2024 The US election is now less than seven weeks away. We have witnessed two quite memorable Presidential debates. The candidates have clashed on issues of character, fitness for office, U-turns on previous policy positions, etc. All important topics, to be sure. However, direct questions on how to address key policy issues are [...]

Global Government Debt: Balloon Still Expanding

11 June 2024 Government efforts to mitigate the economic consequences of the Global Financial Crisis (GFC) and the Covid pandemic have led to surging government debt. In the United States, for instance, public sector liabilities are approaching levels not seen before in peacetime (Chart above). And, while I will discuss important differences between countries and [...]