Posts by Tyler

The economic devastation imposed by the coronavirus has been swift, steep, and wholly unlike any prior recession. In March, the government purposely induced a nationwide economic coma to curb the spread of the deadly coronavirus and deployed bazookas of money…

On June 6, 1944, D-Day, General Theodore Roosevelt, Jr. landed with his troops on Utah Beach in Normandy France. The son of former president Theodore Roosevelt, he was the oldest man to go ashore that day and the only one…

Most of the debt incurred so far to deal with the coronavirus has been purchased by the Federal Reserve, not foreign or domestic savers, said Joshua Gordon, senior policy adviser at the Concord Coalition, a group that advocates for fiscal…

Moving rapidly to pass the next installment of COVID-19 pandemic relief, on May 15 the U.S. House of Representatives passed H.R.6800, the Health and Economic Recovery Omnibus Emergency Solutions Act, or the HEROES Act. Although the Congressional Budget Office has…

Smith, with the Concord Coalition, and others who lament Congress didn’t take advantage of the pre-pandemic years of growth to eliminate deficit spending and lower the national debt said not doing so after the pandemic has passed threatens to increase inflation and crowd out private borrowing.

Robert Bixby, executive director of the Concord Coalition, an advocacy group that focuses on ending deficit spending and promoting a balanced budget, warned: “Ignoring the warnings in these reports will leave the public unprepared for changes that must inevitably be…

President Trump this afternoon signed a $2 trillion spending bill to respond to the health emergency, while the Federal Reserve spent the better part of a trillion dollars this week buying bonds of every description and lending money to foreign…

As the nation grapples with devastating healthcare and economic consequences of the spreading COVID-19 pandemic, policymakers in Washington have been ratcheting-up their responses. Bills and proposals have included actions to fight the virus, maintain employment and stimulate the economy. Given…