You hear it a lot in some circles: The US is heading down the same road as Greece, a basket case of an economy with huge debt and no hope.
And if we don’t address entitlement spending—primarily Medicare and Medicaid—our … More…
Tag Archives | Spain
The Other Big European Election
While everyone was focused on the election in Greece, another European country held elections that also may have far-reaching implications.
On Sunday, France put an exclamation point on May’s victory by François Hollande in the presidential election by giving an … More…
Greek Chaos Could Hurt Obama’s Re-Election
The crisis that hurts you most is the one you didn’t see coming. There may be one ahead for the Obama administration, but it’s hiding in plain sight.
Greece held parliamentary elections Sunday, and the results cast grave doubt on … More…
Second Weak Jobs Report Raises White House Concerns
April’s employment report had little good news for the Obama Administration. Job growth was weaker than expected for the second consecutive month, and though unemployment slipped to 8.1%, the larger number of unemployed and underemployed (what the bureaucrats call U6) … More…
Keynesians Try Another Comeback
The economic philosophy of John Maynard Keynes had a brief revival after the financial crisis of 2008. Desperate politicians tried to save the global economy–and their own jobs–by launching stimulus plans to plug an “output gap,” the gaping hole that … More…
‘Bye ‘Bye Belgium, Arrivederci Italia
World stock markets rallied Monday on hopes that finally we will have a real solution to the European debt crisis.
European leaders, especially French President Nicolas Sarkozy and German Chancellor Angela Merkel, are discussing what The Wall Street Journal called … More…
Is Democracy a Victim of the Euro Crisis?
Some ominous news from euro land. The financial crisis in the euro zone is beginning to threaten democracy and national sovereignty, just as the euro skeptics in Britain warned it would.
Governments in Greece and Italy have fallen. Prime Minister … More…
The Markets’ No Confidence Vote
The Dow Jones Industrial Average fell nearly 635 points Monday, following Standard & Poor… More…
Washington Helped Tank the Markets
Late Thursday afternoon I took my bike in for some repairs.… More…
Howard R. Gold
I’m an award-winning business and financial journalist and an independent-minded citizen who is deeply concerned about the challenges facing our country. That’s why I started The Independent Agenda. "
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