I am taking a deeper look at the accumulation of deficits and debt in American fiscal policy. It is a big issue with politics and political parties doing their best to counfound the central issues.
I caught numerous headlines last week about the President unhappy with the Fed raising rates (here is one from CNN). I am not going to get into whether the President can or cannot criticize the Fed, and I am actually not going to get into whether he should. The question we need to ask is whether or not he is correct about economic policy.