Rising Red Ink Is a Good Sign… Except When Government is Doing the Spending

Even as the unemployment rate sits near a record low and salaries continue to increase, pessimism never ceases to sell. Writing for CityLab, Laura Bliss asks, “if the Economy Is So Great, Why Are Car Loan Defaults at a Record High?” Though Bliss appears to have found a rare and dark corner of the economy, consumers and market prognosticators needn’t worry. While consumer debt is rising, surging private red ink is actually a vote of confidence in an increasingly-bright future. Instead of bemoaning the increase in household borrowing, pundits and policymakers should focus on the real issue: $22 trillion in federal debt, fueled by outrageous spending “compromises.”

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It’s been this long since the FCC Repealed Title II
Relax, Everything’s OK!


Mergers "allow firms to increase efficiency in providing goods and services and direct more resources towards providing new products." https://t.co/Nz2IhAd15r @PatHedgerCEI #5GForAll #TMoSprint #TMobile #Sprint

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