Detroit Bankruptcy Brought Out Humor and Snark

The idea here is that Mitt Romney said he would have let GM and Chrysler go bankrupt during the presidential campaign. The Obama campaign promptly took credit for not letting “Detroit go bankrupt.” On the internet stuff lasts forever. Continue Reading →

More on the Deficit and the Debt

The U.S. federal government debt is owned by many different people, governments, businesses, and institutions. But it’s important to understand at least the basic components of the debt and how they relate to each other. I hope this has been a small contribution to this discussion. Continue Reading →