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William D. Lastrapes
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William D. Lastrapes
What’s the Debt Ceiling and Why Is It an Obsolete Way to Control Spending?
The U.S. is once again on the precipice of default on its national debt—not because of a fundamental inability to generate and collect tax revenues (a la Greece), but because of political shenanigans over the country’s debt ceiling.
Oct 27, 2015
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William D. Lastrapes
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Oct 27
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William D. Lastrapes
Why the National Debt Doesn’t Matter—Or How I Learned to Stop Worrying and Love Treasurys
The rate of growth of the U.S. federal government’s debt load has slowed of late, but its level remains high.
Mar 20, 2015
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William D. Lastrapes
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Mar 20
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