ALG's Daily Grind - Why are U.S., Japan borrowing costs lower than Spain, Greece?

Oct. 8, 2012

Why are U.S., Japan borrowing costs lower than Spain, Greece?

With debts to GDP of 103 and 208 percent respectively, how are the U.S. and Japan only paying 1.7 and 0.7 percent interest rates on government borrowing?

Obama's Blunders: Manipulated Unemployment Numbers

Team Obama wants you to believe unemployment is below eight percent. Ha! Yeah right! Look around you, America is still in a world of hurt.

Magical unemployment rate of 7.8 percent

.3 percent drops in the unemployment rate are not that unusual, and defenders of the data are quick to point this out.  In order to get this drop, the report shows that a huge number of additional people became employed in the month of September - 873,000 to be exact. 

Samuelson: The $5 trillion tax-cut myth

"It's a powerful argument, marred only by the fact that the $5 trillion tax cut is a fiction."