May 21, 2010 – bet, some voices — such as  the minister of Industry, Miguel Sebastián — are beginning to express their worry over the enormous debt … The internal report of the Spanish administration admits that the price of electricity has gone up, as well as the debt, due to the … The majority are subsidies charged to the consumer.…

Jun 11, 2010 – (Government spending having some “multiplier” effect unknown to consumer or business spending is a big, fat lie.) 2. … That extra spending means extra debt, which drives up interest rates, which chokes off growth. 3.…

Jun 23, 2010 – Obama and his minions appeal instead to the outmoded theories of John Maynard Keynes, according to which you escape from debt by spending … Increased taxes act as a disincentive to consumer and corporate spending, to entrepreneurial risk taking.…

Jul 16, 2010 – Of course, he increasingly feels the same need here at home as our out-of-control debt is becoming a live issue, despite the fact … During the latter years of the 19th century, and the first half of the 20th century, New Deal-era Progressives believed in consumer…

Aug 2, 2010 – The addition of over 1 billion Chinese and Indian workers in the capitalist global system in real dollars has made cheap consumer goods … Lots of people are not paying income taxes and renouncing debt. … In addition, our local airwaves are dominated by three commercial themes: how to get out of credit card debt, avoid paying the IRS,…

Aug 13, 2010 – Europe has experienced what it means to have too big deficits … We need growth that doesn’t rely on debt but is based on real grounds … in a single three-month period. … But the most surprising element of the numbers is an apparent contribution from the German consumer…

Aug 13, 2010 – money graf: The economy is stalling, unemployment seems stuck at European levels of idleness, the federal deficit and the national debt … * $70 billion for consumer and business lending initiatives. … This was a program designed to jumpstart business and consumer lending.…

Oct 4, 2011 – well devised and timed proposal, the Obama Administration is reportedly calling for changes to a federal law prohibiting private debt … To the dismay of consumer groups and the discomfort of Democrats, President Barack Obama wants Congress to make it easier for private … debt collectors to call the cellphones of consumers delinquent on student loans and other billions owed the federal government.…

Oct 2, 2011 – Stagnant GDP, 9.1 unemployment, another $5 trillion in debt, $1.6 trillion annual deficits, and sky-high fuel and food prices have … But that means no more than suggesting that laureate Paul Krugman was right about adding even more trillions to the debt. … , government borrowing, or consumer or business confidence. ______________________ ** Barack Obama: “We don’t believe in standing…

Sep 28, 2011 – The Turkish public debt is largely owed to the Turkish public, and the portion that constitutes foreign debt makes up the minority … of Turkey’s foreign debt. … Commercial banks’ consumer lending grew by 36%.…

Oct 14, 2011 – first tried finding excuses, blaming America’s dismal condition on Japanese supply-chain interruptions, the Arab Spring, European debt … If the “Arab Spring” had found a way to fix Egypts problem’s, then Cairenes would even now be stocking up on consumer goods, getting…

Oct 13, 2011 – Instead, inflation in Italy will practically follow the course of consumer price indexes in the rest of Europe: it was 1.74% in October … Unfortunately, though, at the same time public debt will continue to go up and it will reach 118.9% of Italy’s GDP by the end of 2011 … It is a very high value, according to every standard, but do not forget that Europe as a whole has 80% of public debt, France has 81%…

Oct 24, 2011 – The move is designed to pick up the housing market and by reducing mortgage payments thereby increase the amount of consumer spending … Summers and Austan Goolsbee — did not favor a big program of debt reduction.” … At the end of the day, homeowners would still have as much debt.…

Nov 2, 2011 – But was the more fundamental reason for its demise was the European sovereign debt crisis?  … Since money’s most important function is to send signals — about price, consumer wishes, producer costs, political intent and expectations…

Oct 30, 2011 – Over the past eight years our national debt has doubled to $14.5 trillion, and our total unfunded liabilities now exceed an astonishing … Take, for example, the contrast between the Free World’s outpouring of diverse and imaginative consumer products with the Soviets’ … In other words: we must incur new debt to pay for the programs since the “trusts” are empty.…

Nov 9, 2011 – Many of these protestors are college students or recent graduates that have taken on enormous levels of debt — while the average debt … Most of this debt is the result of skyrocketing education costs. … $897.63 per month in debt retirement.…

Nov 26, 2011 – Obama knows that there is not enough of the 1% of the 1% to come up with enough revenue to cover his new $4 trillion in debt, but does … To the conservative, most (not all, to be sure) subsidies and breaks for college, housing, medical care, occasion debt relief, etc. … The onset of a billion new global workers, cheap consumer items, technological revolution, and government cash has meant that someone…

Nov 22, 2011 – Bank lending rose by 40% in 2010 and by another 40% in 2011, and Turks bought consumer goods from abroad, running up a balance of payments … Most of that is financed by short-term debt. … Turkey won’t go bankrupt — it’s overall debt levels are manageable — but its economy will have to shrink by a good 5% to staunch the…

Dec 28, 2011 – It did no good to remind Obama that confiscating all the wealth of the 1% would not end the debt, or that steep new income tax on the … For Obama, the massive importation of cheap consumer goods, the revolution in technology, the vast expansion of federal entitlements … None believe that wealth can be created by record deficits and aggregate debt.…

Jul 21, 2008 – Last week’s bump in consumer prices (the largest increase in more than a quarter century) reignited a real concern. … He has not begun to drive home the argument that the result of such an approach would be to worsen our debt problems, or more likely…

Oct 26, 2008 – on Wall Street, and bought and sold subprime mortgage paper, gambled on derivatives, garnered spectacular bonuses as you piled up debt—and … Did some others take out second and third mortgages to expand their consumer spending and hope to make it deductible on their income … Did others still simply make a business decision to walk away from a freely incurred debt that proved larger than the falling equity…

Oct 20, 2008 – they found that they could not make their monthly payments—once energy and food prices climbed, or their credit-card purchases of consumer … seminars on how to purchase homes without a down payment, and welcome snake-oil salesmen’s advice how to default on credit card debt…

Nov 8, 2008 – Like it or not, Obama, at a time  of soaring deficits and debt, has promised the entitlement industry even more. … When one reads of the spikes in oil prices and the tremendous transference of wealth abroad both in energy costs and consumer imports…

Nov 21, 2008 – Some advocates of this theory get a bit more creative and say that Keynesianism works because it increases consumer spending rather … And he certainly had no problem financing that spending with debt. … But the only thing that went up was Japan’s national debt, which more than doubled during the decade and now is far above even Italy…

Nov 17, 2008 – Aside from the fact we are broke and are $10 trillion in debt (a large aside), there is an existential problem here. … or that defaulters always were victims rather than occasionally foolish or even sly (e.g., 2nd and 3rd mortgages taken out for consumer … The local raisin cooperative went broke, and renounced their capital debt to their own members (we lost $70,000) whose vineyards had…