This blog will provide commentary on the intersection of financial and political decision-making. However, the blog may also contain, from time to time, random thoughts which quite often may have no point whatsoever.
Wednesday, February 8, 2012
Increase in US Debt --- For Those Who Care About the Facts
In my view, the % increase is more important than the absolute $ increase in Federal debt. Also, the context of the economic environment is critical to an understanding of why the debt level increased.