The Economic Consequences of Mr. Bush
US debt tops $9 trillion for first time-Treasury
The U.S. Treasury Department said on Wednesday publicly held U.S. debt breached $9 trillion this week for the first time ever, just five weeks after Congress had raised the statutory borrowing limit.
http://www.reuters.com/article/bondsNews/idUSN0754579020071107
Federal Liabilities Now Equal $175,000 for Every American
Deficit spending and promised benefits for federal entitlement programs have put every man, woman, and child in the United States on the hook for $175,000, says a new report by David Walker, comptroller general of the United States.
http://snipurl.com/1td4q
Card Debt a $915 Billion Disaster-in-Waiting
Think the estimated subprime debt load carried by the big international banks is big, at $1 trillion? How about this: Americans now owe nearly as much - a record $915 billion - on their credit cards alone.
http://moneynews.com/money/archives/st/2007/11/6/155431.cfm?s=st
The Economic Consequences of Mr. Bush
The next president will have to deal with yet another crippling legacy of George W. Bush: the economy. A Nobel laureate, Joseph E. Stiglitz, sees a generation-long struggle to recoup.
http://www.vanityfair.com/politics/features/2007/12/bush200712
From Information Clearing House
http://freepage.twoday.net/search?q=Stiglitz
The U.S. Treasury Department said on Wednesday publicly held U.S. debt breached $9 trillion this week for the first time ever, just five weeks after Congress had raised the statutory borrowing limit.
http://www.reuters.com/article/bondsNews/idUSN0754579020071107
Federal Liabilities Now Equal $175,000 for Every American
Deficit spending and promised benefits for federal entitlement programs have put every man, woman, and child in the United States on the hook for $175,000, says a new report by David Walker, comptroller general of the United States.
http://snipurl.com/1td4q
Card Debt a $915 Billion Disaster-in-Waiting
Think the estimated subprime debt load carried by the big international banks is big, at $1 trillion? How about this: Americans now owe nearly as much - a record $915 billion - on their credit cards alone.
http://moneynews.com/money/archives/st/2007/11/6/155431.cfm?s=st
The Economic Consequences of Mr. Bush
The next president will have to deal with yet another crippling legacy of George W. Bush: the economy. A Nobel laureate, Joseph E. Stiglitz, sees a generation-long struggle to recoup.
http://www.vanityfair.com/politics/features/2007/12/bush200712
From Information Clearing House
http://freepage.twoday.net/search?q=Stiglitz
rudkla - 9. Nov, 08:30
