Stop Kicking the Can

October 20th, 2014
in econ_news

Chart of the Week 03 October 2014

Written by , Online Trading Academy

A problem that the U.S. (and other developed countries) must address is the limits that are imposed by the amount of taxes that can be collected or the amount of money that is borrowed via deficit spending.  If taxes are raised rhe economy is slowed as the lubicant of economic activity (money) is removed.  If deficits are accumulated the debt is removed by "printing money" (inflation) or default, which is not something that the U.S. is ever likely to do.

National debt is discussed in the video following the Read more >> jump.

Follow up:

Source: YouTube
















Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.












 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved