Keyword: debt
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The debt of developing countries is at "crisis" levels, the World Bank has just said. Supporting that view is a New York Times story  December 16 headlined "The Debt Problem is Enormous, and the System for Fixing It is Broken."  more
One of my all-time favorite comedians was Groucho Marx. He always had the right response to the question of the moment. more
As the nation emerges from the coronavirus lockdown and begins to return to a semblance of normalcy, many of our cherished institutions will face some harsh realities. Nowhere will this dose of reality be starker than for America’s colleges and universities. more
We are at a turning point on Long Island. The lasting impacts of the Great Recession and the student debt crisis are exacerbating the trend of young people struggling here and ultimately fleeing the area. more
It seems every politician under the sun is scrambling to deal with the out-of-control costs of higher education in the U.S. And with good cause. more
Will the approaching midterm election simply be a referendum on Donald Trump’s presidency, or a more momentous vote affecting America’s future? Will it . . . more
Trade deficits and their long-term effects on the nation’s well-being aren’t something Americans tend to think much about. We buy cars, clothes, TVs and appliances without . . . more
As I wrote this column Saturday — the first anniversary of President Trump’s inauguration — the federal government was shut down. By Monday, it appeared poised to get back to work, as a compromise deal to end the legislative stalemate was in the works . . . more
It’s easy to look at the nation’s capital these days and conclude that the place has deserted reality, to put it mildly. While everyone obsesses about tax reform and whether that will be a net gain or loss for taxpayers . . . more
President Trump may have made waves again with his decision to work with Democrats on a bipartisan agreement to raise the federal debt limit and provide hurricane relief for Texas, but in so doing, he may have . . . more
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