Feb 042013
 
Population explosion . . . NOT

Do Malthusian nightmares about the population explosion keep you up nights? Relax. Chill. We Americans (numbering 315 million) are having too few babies. Middle-class fertility has fallen to about 1.6, far below the replacement rate of 2.1. That means fewer workers to support your Social Security benefits. And the problem [continue reading . . . ]






Oct 302012
 
Fix the fisc? Not a chance

In the decade through Fiscal 2008, Uncle Sam spent at the rate of about 19.4% of U.S. gross domestic product (GDP), and took money in at the rate of about 18.3% of GDP, resulting in annual deficits of about 1.1% of GDP. In Fiscal 1999, at the start of that [continue reading . . . ]