Tag Archives: interest rates

How Much of the Stimulus Money has Already Been Spent?

One of the (many) problems with using big increases in federal government spending as an economic stimulus tool is timing. You can’t appropriate and spend it fast enough to matter much during the downturn. Spending it years later, after the … Continue reading

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A Simple Guide to Understanding Budget Deficits and Interest Rates

Note: When I wrote this explanation of budget deficits and interest rates just a year ago as a chapter of my book, Lessons from a Road Warrior, we were in a different world where budgets mattered, at least a little. … Continue reading

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