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www.keithhennessey.com | ||
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conversableeconomist.com
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| | | | For anyone who can do arithmetic, it did not come as a surprise that the \"baby boom generation,\" born from 1946 up through the early 1960s, started turning 65 in 2010. Here\'s the pattern over time of the \"Daily Average Number of People Turning 65.\" The jump of the boomer generation is marked. Because two | |
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blairbellecurve.com
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| | | | The size of the U.S. national debt is getting a lot of attention lately, and for good reason. Deficit spending through the COVID pandemic was enormous, pushing the total outstanding debt to a staggering $31 Trillion, with a T. A better way to measure the size of the debt is as a percentage of our... | |
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www.whitehousedossier.com
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| | | | If you listen NOT closely to President Obama, like most busy people must, you might think that the the budget will balanced in a few years, even though it won't. That's because Obama is using language to obscure fact, moving the goalposts during the game by redefining his objectives to ones that are easier to | |
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libertystreeteconomics.newyorkfed.org
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| | The debate about the natural rate of interest, or r*, sometimes overlooks the point that there is an entire term structure of r* measures, with short-run estimates capturing current economic conditions and long-run estimates capturing more secular factors. The whole term structure of r* matters for policy: shorter run measures are relevant for gauging how restrictive or expansionary current policy is, while longer run measures are relevant when assessing terminal rates. This two-post series covers the ev... |