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
Tag Archives: Default
The Debt Ceiling: Good Politics, Not Policy
As of this past week, our federal government has managed to clear the hurdle of fully funding the Department of Homeland Security. Unfortunately, this is only one of the many vitally important budget issues on the horizon, including Medicare payments to doctors, funding for the Highway Trust Fund and our crumbling infrastructure, and the prospect … Continue reading