Connect with us

Hi, what are you looking for?

Major Trade Flow – Investing and Stock NewsMajor Trade Flow – Investing and Stock News

World News

There Are No Constraints on Us Government Borrowing

Published

In this week’s episode, Mark reviews what people have said about Fitch’s downgrade of US government debt. Mark sees it as a good thing, but not good enough. The “minor issue” in the latest debt ceiling agreement is ignored by the mainstream media: politicians suspended the debt ceiling into 2025, rather than raising it to some arbitrary, higher figure.

Be sure to follow Minor Issues at Mises.org/MinorIssues.

In this article:
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Politics

Another Athlete Chooses a Low‐​Tax State

David Boaz I’ve written before about whether athletes take state taxes into account when they weigh competing offers. Here’s another example: Grant Williams left...

July 10, 2023

Politics

Rep. Miller‐​Meeks’ OTC Act Might Nudge the FDA and Drug Makers Towards Making All Hormonal Contraceptives Over‐​The‐​Counter

Jeffrey A. Singer On the same day that the Food and Drug Administration allowed women over‐​the‐​counter access to one progestin‐​only birth control pill, Rep....

July 14, 2023

Politics

FDA Finally Allows OTC Access to One Brand of “Minipill”—A Mini‐​step in the Right Direction

Jeffrey A. Singer The Food and Drug Administration announced this morning that it has granted marketing approval for the over‐​the‐​counter sale of one type...

July 13, 2023

Politics

Joe Biden: Culture‐​Warrior‐​in‐​Chief

Gene Healy Last week, the New York Times ran a front-page story admiring President Biden’s political acumen on culture-war issues (“Biden Sidesteps Any Notion...

July 10, 2023