Bob Byrne

Dealing With the Government’s Deranged Debt Addiction

Any eighth grade economics text book will tell you there are three ways to deal with an overspending problem by the government: Increase taxes. (aka Career suicide for politicians. Cut spending. (Also career suicide for politicians.) Borrow money. (The irresponsible yet painless solution.) Our government has been taking the irresponsible yet painless way out for …

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A Looming Policy Error

These days the Fed is caught between a rock and a hard place. (Truth is they’ve put themselves there.) With few monetary tools left to “manage” the economy, they have a serious policy decision to make.  One that’s shaping up to be a lose-lose proposition. What will be the straw that breaks the yield curve’s …

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The Usual Suspects

It’s the most despicable kind of tax there is. It’s regressive.  It’s punitive. It has the greatest impact on those who can afford it the least.  I’m sure you’ve guessed, I’m talking about inflation. We all understand how it works. (It seems like the only people who don’t are those in Washington DC.) Inflation shows …

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