Prophet Max Profits

On the surface, the government continues to spark hope with reports of economic growth. And with the stock market chugging higher, people are believing the positive hype.But behind the scenes… things are looking bad, and getting worse every day. Consider Illinois, an idiot poster child for how bad things have gotten… and how tough the [...]

Is the United States on a certain path toward a debt crisis?  And if so, at what point will it strike?  Economists disagree on the details, but the best answers we have to these questions right now are: "It sure looks that way" and "sooner or later…probably."  In a recent paper, the Mercatus Center's Arnold Kling [...]