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Should You Be Concerned About The U.S. Government Debt?
Jason Hsu, Research Affiliates With markets and news headlines reacting daily to the drama that is the European sovereign debt crisis, economic observers are emboldened in their claim that high government debt levels ultimately lead to disastrous outcomes (at least if you are a European Monetary Union member country without your own printing press). As investors, should we be concerned? What specifically makes high government debt-to-GDP bad? How much is "too much"? Does it matter who owns the debt? In this issue, we will review the basic economics of government debt financing to gain perspective on the consequences of high government debt levels. Read More
TARIFF-IED: Trade Talk with Matthew Rooney
This week, trade relations between the U.S. and India are continuing to escalate. Earlier this month, the U.S. stopped granting India special trade privileges by taking away the Generalized System of Preferences (GSP) program, and India has responded by enforcing more tariffs of its own. The George W. Bush-SMU Economic Growth Initiative Director Matthew Rooney breaks down the trade conflict: For more information on trade groups and the global economy, visit www.bushcenter.org/scorecard.
How Trade Spreads Holiday Cheer
It is projected that the average American household will spend more than $1,000 during the holidays this year.
Deporting Salvadorans May Lead to Economic Decline
We should think carefully about a policy whose major impacts are likely to be reductions in employment and economic activity here at home, and increased instability and lawlessness along our borders.
Bush Institute's Laura Collins Talks Immigration on Good Morning Texas
Last week, Deputy Director of Economic Growth at the George. W. Bush Institute Laura Collins spoke with Good Morning Texas about immigration myths. During the interview, Collins had the opportunity to set the record straight and address common misconceptions about legal immigrants living in America today. The segment was inspired from facts released earlier this fall by the Bush Institute in the third edition of America's Advantage: A Handbook on Immigration and Economic Growth. Watch the full Good Morning Texas interview here.