…it would not be able to maintain a sustained effective air campaign thereafter. It didn’t have the resources and reserves. A link to that 2009 post can be found in…

Well one answer it line I in the above figure from the 2015 Social Security Report. Figure II.D7.—Long-Range OASI and DI Combined Trust Fund Ratios Under Alternative Scenarios [Asset reserves…

…1950s, around 3%, it cannot even get started toward this low level. NGDP is growing slow in spite of massive Federal Bank reserves. Money will just not accelerate through the…

…viable. You may want to bring the marginalized workers in because it is the right thing to do, or because you see large reserves of cheap labor to take advantage…

…And especially in 2015, the ratio increased quite a bit. So why is the trend reversing? Is China dumping products? Are oil reserves rising as oil producers pump more and…

…credit for being one of the few economists willing to say publicly that Excess Reserves are not “investment,”** even as he hedges whether “secular stagnation” is the current reality. *”What…

……Implementing …changes sooner rather than later would allow more generations to share in the needed revenue increases … and could preserve more trust fund reserves to help finance future benefits.”…

…would also like these banks to be exempted from the “advanced approaches” capital requirements that dictate the ratio of reserves a bank must hold to cover potential losses. At present,…

…that has an engineering solution. A soundbite from a Council on Foreign Relations presentation by Tillerson has been widely reported. But it is worthwhile to consider his full answer and…

…than the application of good business principles to government affairs.” Every wise employer reserves the right to discharge an employee whenever the service rendered is unsatisfactory. The right of the…