Sojka's Call

It’s Real Growth, Not Just Sugar  Check out the link above, the data Wesbury presents and his argument about the role of new technology. My intuition says he is right but I have been fooled before.

In this interview of economist, Lacy Hunt by Kate Wellin, the current world economic status is reviewed with particular attention to the U.S. The primary focus is current government debt levels and what those mean to future prosperity. The interview also goes into economic theory and comparison of the U.S. situation with Europe which is actually buying Uncle Sam some time. But, time is running out and if the latest budget proposal from President Obama does not scare the bejeezers out of you,