Category: economics

  • Another day older and deeper in debt…

    The Congressional Budget Office projected increases in the national debt and sustained federal budget deficits. The U.S. government will spend $1 trillion more than it collects in 2020 and deficits will reach or exceed that threshold every year for the foreseeable future. The Wall Street Journal, Wednesday, January 28, 2020 What…

  • M&A

    My first grown-up job out of the Army was to work as a researcher for a mergers & acquisitions (M&A) consulting firm based in McLean (home to the CIA), Virginia. Our clients were large New York and American Stock Exchange, publicly-listed companies bent on growing their earnings bases by acquiring…

  • globalization

    Get with it. Globalization is good for you. Well, most of the time.