Paul Craig Roberts

The real Social Security crisis is that the government does not have the money to redeem its IOUs.

— Paul Craig Roberts

The road to economic well-being is to reward productive economic activity and to provide a moderate and predictable growth of money to finance real economic growth without reigniting the fires of inflation.

— Paul Craig Roberts

Jobs offshoring began with manufacturing, but the rise of the high-speed Internet made it possible to move offshore tradable professional skills, such as software engineering, information technology, various forms of engineering, architecture, accounting, and even the medical reading of MRIs and CT-Scans.

— Paul Craig Roberts

Jobs offshoring began with manufacturing, but the rise of the high-speed Internet made it possible to move offshore tradable professional skills, such as software engineering, information technology, various forms of engineering, architecture, accounting, and even the medical reading of MRIs and CT-Scans.

— Paul Craig Roberts

The US is not a superpower. The US is a financially dependent country that foreign lenders can close down at will. Washington still hasn’t learned this. American hubris can lead the administration and Congress into a bailout solution that the rest of the world, which has to finance it, might not accept.

— Paul Craig Roberts

If we add state capitalism to the Bush administration’s success in eroding both the US Constitution and the power of Congress, we may be witnessing the final death of accountable constitutional government.

— Paul Craig Roberts

When America's creditors consider our behavior they see total fiscal irresponsibility. They see a deluded country that acts as if it is a privilege for foreigners to lend to it, and a deluded country that believes that foreigners will continue to accumulate US debt until the end of time.The fact of the matter is that the US is bankrupt.

— Paul Craig Roberts

The US is not a superpower. The US is a financially dependent country that foreign lenders can close down at will. Washington still hasn’t learned this. American hubris can lead the administration and Congress into a bailout solution that the rest of the world, which has to finance it, might not accept.

— Paul Craig Roberts

If we add state capitalism to the Bush administration’s success in eroding both the US Constitution and the power of Congress, we may be witnessing the final death of accountable constitutional government.

— Paul Craig Roberts

When America's creditors consider our behavior they see total fiscal irresponsibility. They see a deluded country that acts as if it is a privilege for foreigners to lend to it, and a deluded country that believes that foreigners will continue to accumulate US debt until the end of time.The fact of the matter is that the US is bankrupt.

— Paul Craig Roberts