Tag Archives: debt
Dealing with the Current Financial Crisis
Well, I'm certainly not a macroeconomist and I have even less expertise when it comes to the world of money and banking and international finance. Yet, given the current situation in financial markets and the world economy, I cannot help but wonder if the problem is also institutional. So, here it goes.
A Longer Term View of U.S. Public Debt
With the August 2nd deadline for raising the United States public debt ceiling looming, it might be useful to take a longer-term view on exactly how bad the US debt situation is at least with respect to the past.
Resolving the U.S. Fiscal Crisis
The current debate in the United States over their budget deficit and debt does not appear to be generating solutions that will solve their problem anytime soon. According to the Congressional Budget Office’s analysis of President Obama’s budget proposals, the deficit under the President’s proposals would at first fall, but after 2015 would begin to […]
America’s Dangerous Debt
The budget turmoil in the United States is certainly attracting a lot of attention and of a kind it is unaccustomed to given its global power status. The International Monetary Fund has just urged the United States to outline credible measures to reduce its budget deficit as well as a plan to reduce its massive […]
Ontario’s Public Finances: A Fiscal Primer
With Ontario set to deliver its own budget on Tuesday March 29th, it is useful to provide a perspective on the province's finances given that it is Canada’s most populous province and largest provincial economy. Ontario faces some tough fiscal decision making over the next few years given a set of deteriorating public finances and […]
Worthwhile Canadian Initiative 
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