| Nov 26, 2013
| 5:00 AM
SÃO PAULO, Brazil — With a stable job as a home health worker, Maria Conceição decided it was time to live a little.
So when a local retailer offered her the chance to buy some appliances on credit, she pounced. Using installment plans, she...
| Dec 6, 2013
| 10:53 AM
By the time Nelson Mandela was released from prison in 1990, the path to ending South Africa's political crisis through the abolition of apartheid was known, even if it would not be easy or straight.
Solving the country's economic crisis was another...
| Oct 7, 2013
| 11:40 AM
Most Americans may be sleeping through the government's fiscal stalemate, figuring that events like a debt default won't have much impact on them.
That's panicking market-watchers.
Over the last few days, analysis of the effect of a default...
| Oct 16, 2013
| 2:48 PM
Now that Congress is set to lift the current limit on how much the government can borrow, here are four facts about the national debt that, polls indicate, many people don’t know.
1. The U.S. debt burden is starting to decline. That’s...
| Jun 5, 2013
| 1:00 AM
The country's tepid growth in its gross domestic product isn't creating enough good jobs to build a strong middle class, according to a UCLA report released Wednesday.
"Growth in GDP has been positive, but not exceptional," UCLA economists wrote in...
| Jul 18, 2013
| 4:16 PM
America spends more on its military than any other country. U.S. military spending in 2012 was $682 billion, which is $516 billion more than incurred by China, the next biggest spender. This means the U.S. has the most technologically advanced and best-...
| Oct 16, 2012
Currently, federal revenues cover about two-thirds of federal spending. The government borrows money to fill the gap. The more the government borrows, the bigger the national debt, which began rising sharply during George W. Bush's presidency and has...
| Oct 11, 2012
| 6:18 PM
Whoever wins the presidential election in November will confront urgent problems: Should tax cuts scheduled to expire be renewed? Should federal spending be cut to reduce the deficit or would that weaken an already lackluster economy? After one of the...
| Oct 11, 2012
| 9:20 AM
Letter after letter is published in your paper supporting the president, despite the fact that they are all just regurgitated talking points of the Democrat Party.
The latest is the new 7.8 percent unemployment rate. Nothing could be further from the...
| Oct 22, 2012
| 3:00 AM
The almost two decades since the Clinton tax increase in 1993 have constituted a mighty experiment in macroeconomics. That period — more than a quarter of the entire postwar era — is divided into two periods of almost one half each, the...
| Nov 1, 2012
| 1:48 PM
MEET THE CANDIDATES
When Marylanders head to the polls Nov. 6, they will elect members of the U.S. Senate and House of Representatives in addition to casting their ballots for president. Dozens of people are running for a chance to represent the...