Tag Archive for National Debt

The Real Reason Government Is Paying Down the National Debt- Money Morning

This is a syndicated repost courtesy of Money Morning. To view original, click here. Reposted with permission. After six years of non-stop deficit spending that has added $8.2 trillion to the national debt, the U.S. Treasury has announced that it expects to reduce the country’s debt by $35 billion this quarter. Given that national debt…

Fatal Sensitivity – James Kwak – The Baseline Scenario

This is a syndicated repost courtesy of The Baseline Scenario. To view original, click here. Reposted with permission. By James Kwak One more post on Reinhart-Rogoff, following one on Excel and one on interpretation of results. While the spreadsheet problems in Reinhart and Rogoff’s analysis are the most obvious mistake, they are not as economically…

Are Reinhart and Rogoff Right Anyway? – James Kwak – The Baseline Scenario

This is a syndicated repost courtesy of The Baseline Scenario. To view original, click here. Reposted with permission. By James Kwak One more thought: In their response, Reinhart and Rogoff make much of the fact that Herndon et al. end up with apparently similar results, at least to the medians reported in the original paper: So…

Moving the Goalposts – James Kwak- The Baseline Scenario

This is a syndicated repost courtesy of The Baseline Scenario. To view original, click here. Reposted with permission. By James Kwak Ezra Klein yesterday highlighted one of the underlying problems with even apparently informed discussions of deficits and the national debt: the CBO’s “alternative fiscal scenario.” As opposed to the (extended) baseline scenario, which simply…