LPA Foundation

Issues Forum: Finance & Banking

Finance & Banking

Finance & Banking

To Trump And Clinton: Heed The Lesson Jimmy Carter Never Learned

October 17, 2016

Yesterday I observed here how the 2016 race reflects American conditions in the late 1970s — also stagnant — and how the political elites are echoing President Jimmy Carter’s feckless reaction in his notorious July 15, 1979 address to the nation in which he said, in part: The threat is nearly invisible in ordinary ways. […]

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Finance & Banking

Finance & Banking

Puerto Rico Has Already Been ‘Berned’ By Sanders’ Policies

June 1, 2016

Puerto Rico is “feeling the Bern” but it looks like nobody told the Vermont senator. Bernie Sanders visited the Island recently touting his progressive policies—the same ones that led to Puerto Rico’s current debt crisis. Sanders claims he “understands that Puerto Rico’s unsustainable debt has everything to do with the policies of austerity and the greed of […]

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Finance & Banking

Finance & Banking

How to End Too-Big-To-Fail? At Minneapolis Fed Symposium, Participants Reject Big Bank Breakup

May 20, 2016

Should big banks be broken up in order to ensure the stability of the U.S. financial system? In the past year, this has become one of the central questions of the 2016 presidential election. Bernie Sanders has made the proposed break-up of the country’s largest banks a tenet of his campaign. Meanwhile, Democratic front-runner Hillary […]

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Budget

Budget

How Trump Would Deal with the National Debt

May 11, 2016

The budget deficit is going up. The Congressional Budget Office recently warned that revenues this year are lower than had been expected. This means that the deficit will almost certainly be higher than the $544 billion previously projected. With our national debt now topping $19.15 trillion and likely to reach $29 trillion by 2026, this […]

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Finance & Banking

Finance & Banking

The U.S. Doesn’t Need a CEO in Chief

May 11, 2016

Critiquing Donald Trump’s policy pronouncements for being implausible feels a bit like belittling bathroom graffiti for its weak use of metaphor and inappropriate deployment of the conditional rather than the subjunctive. Sure, you may be technically correct, but you’ve failed to grapple with the essentials of the form. And neither the author nor his audience […]

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