debt ceiling

An interview with John Curtis

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September 8, 2011

Do governments have reason to be losing confidence in corporations, given the fact that U.S. public corporations are estimated to be sitting on over US$1 trillion? My instinct is to say no, that governments can express disappointment in the private sector, and can say, “We’ve done our share, now you belly up to the bar.” […]

An Interview with Catherine Swift

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September 8, 2011

An interview with Catherine Swift At the beginning of the month, The Globe ran a series of pieces talking about corporate spending in relation to the money that corporations have on hand. The Globe called it a spending crisis. Why do you think corporations aren’t spending? They have no confidence in the economy right now. They certainly […]

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The Big Deal? The Big Distraction.

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August 2, 2011

Phew. Republicans and Democrats managed, at the 11th hour, to compromise on a deal to raise the U.S. debt ceiling, and thereby avoid a default. Catastrophe has been averted. But has it? The fine print reveals that the deal only postpones further, more fever-pitched debate. The next round of the boxing match will occur in […]