Bankruptcy is Just a Band-Aid, Puerto Rico Needs Meaningful Reform
Debt / Economy / Latin America

Bankruptcy is Just a Band-Aid, Puerto Rico Needs Meaningful Reform

The global economy has been experiencing its fair share of ups and downs.  Many eyes, including my own, have been locked on Greece as the country struggles to stay afloat under the overwhelming weight of its government debt.  Furthermore, Prime Minister Tsipras’s leftist economic policies have all but dismantled the Greek economy.  Outlandish tax rates … Continue reading

The Greek Debt Crisis: Just One Symptom of a Much Larger Problem
Debt / Economy / Europe

The Greek Debt Crisis: Just One Symptom of a Much Larger Problem

Greece has been in the throes of economic crisis for years.  Turmoil first erupted after Greece’s economy was badly bruised by the global impacts of the Great Recession, and the Greek people have been suffering ever since.  In 2009, a poor economic climate combined with a debt level of over 119 percent of GDP caused … Continue reading

Playing Politics With America’s Retirement
Economy / Fiscal policy / Social Security / Tax / Taxes

Playing Politics With America’s Retirement

Social Security is both the largest program in the federal budget and one of the most fiscally unsustainable.  The program has already begun paying out more in benefits than it is taking in through payroll taxes.  By 2033, the Social Security Trust Fund will be drained and the benefits paid out will decline by 25 … Continue reading