ACC Archives

Tag: Debt
Everyone Has Forgotten the Downside to Debt

“The only people who care are the libertarians, who seem horribly out of touch.”* Debt? You mean there are consequences associated with this stuff? (From Bloomberg View) It looks like trillion-dollar deficits are going to be a staple of the U.S....

Hoover Economist: National debt situation is dire

We have a ton of debt. Much more than a ton, many tons. And it is currently financed at favorable rates. But rates go up and are likely to go up soon. Then that debt becomes much more expensive....

The Great College Loan Swindle

We’ve been thinking about this issue for a very long time. One of the most important things we can do is to make student loans more difficult to get. Who gives $75,000 to an 18 year old? That’s just...

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