Don’t Call It a Bailout: Washington Is Haunted by the 2008 Financial Crisis
Posted inBanking and Financial Institutions Bear Stearns Cos Biden, Joseph R Jr Bush, George W Dodd-Frank Wall Street Reform and Consumer Protection Act (2010) Emergency Economic Stabilization Act (2008) Federal Deposit Insurance Corp Federal Reserve System Lehman Brothers Holdings Inc Obama, Barack Regulation and Deregulation of Industry Stimulus (Economic) United States Economy United States Politics and Government

Don’t Call It a Bailout: Washington Is Haunted by the 2008 Financial Crisis

The colossal bailouts after the 2008 collapse arguably saved the global economy, but they also provoked a ferocious popular backlash.
How the U.S. Government Amassed $31 Trillion in Debt
Posted inBiden, Joseph R Jr Bush, George W Federal Budget (US) Medicare National Debt (US) Obama, Barack Recession and Depression Stimulus (Economic) Taxation Trump, Donald J United States Economy United States Politics and Government

How the U.S. Government Amassed $31 Trillion in Debt

Two decades of tax cuts, recession responses and bipartisan spending fueled more borrowing — contributing $25 trillion to the total and setting the stage for another federal showdown.