Tag: treasuries

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5 Horrors of Inflation *Update*

**Scroll for Updates** Ronald Reagan and Jack Kemp wanted to index everything, especially Treasury notes and taxes.  By "indexing," we mean tying rates (interest and tax) to the inflation rate.  Calls for indexing subsided after Reagan and Volcker did what Ford and Carter could not:  whip inflation now. With a $2 trillion deficit this year …

Economy, Latest, Politics

2009 Economic Prediction *Bumped and Updated*

*Originally posted February 15, 2009* I know this is a little late, but I was waiting for Congress to spend another trillion dollars or so before committing my prediction to the public.¬† Here goes: GDP and unemployment will ¬†flatten and even improve a bit in first half of 2009 for a couple of reasons: First, …