In the United States, the debt ceiling is often a major source of heated debate among members of Congress. Often, the president also finds themself brought into the debt ceiling battle. If you don’t follow politics or economics too closely, you might be wondering what the heck the debt ceiling is. Is it really so important that Congress needs to fight about it seemingly every …
The blues got you today? Or is that upcoming speech giving you the jitters? As unpleasant as it is, it is OK. Sudden bouts of gloominess and uneasiness are completely normal responses to upsetting or potentially dangerous circumstances, whether real or imagined. Thankfully, they are short-lived. They ebb and flow and vanish together with the triggering event. We all have bad days every now and …
by John Kelly, Senior Research Editor at Dictionary.com Economics—as if understanding its facts and figures, number and statistics, and charts and graphs isn’t challenging enough. Economics also relies on some tough terms. No, we don’t just mean the more advanced argot of arbitrage or leveraged buyout. Even more familiar economic terms many of us encounter in the news (or, more frighteningly, feel in our pocketbooks), …