Friday, after markets had closed in the United States, the credit rating of the Nation was downgraded for the first time started rating sovereign debt.
Continue Reading →The United States Post Office has been operating since Ben Franklin founded it in the late 18th century. It was one of the first Federal agencies and the secondary responsibility of the government, after defending the nation.
Continue Reading →The United States Bureau of Economic Analysis provides the following data and reports.
Continue Reading →Just as we have predicted at The Epicurus Institute for some time, projected Gross Domestic Product at 3.2% was overestimated by government officials. Today, the figure is much closer to 2.8%, and we predict that will move lower in the next quarter.
Continue Reading →The scene played out on the steps of the Wisconsin capitol yesterday are being replayed in capitols and city halls around the nation, with protests against budget cuts in education and essential services people expect from government.
Continue Reading →Last week, President Obama unveiled his proposed budget for Fiscal Year 2012, which includes plans to trim 1.1 Trillion from the deficit over 10 years. But is it enough?
Continue Reading →As property values continue to decline in 2011, some are suggesting renting is better. It could take as long as a decade before property values begin to swing upwards again.
Continue Reading →At the end of 2009, we published Hitting the Roof! which discussed the risks of raising the debt ceiling to $12 Billion.
Continue Reading →Upcoming legislation in the House of Representatives will raise the debt ceiling to more than 12 Trillion Dollars – about three-quarters of the Nation’s gross domestic product (GDP).
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