- Reluctant Preppers
Despite major stock market indexes hitting record highs and official government stats claiming record low unemployment, many gauges of real economic activity indicate we are on the brink of a major recession that could burst multiple equity bubbles and topple the financial house of cards. The Fed has already launched crisis measures to rescue the financial system from catastrophic collapse, but one expert is declaring that even the unprecedented emergency tools used since the 2008 collapse will be woefully inadequate to deal with the the impending debt crisis.
Romina Boccia is a leading fiscal and economic expert at The Heritage Foundation and focuses on government spending and the national level. Her research is focused on securing economic freedom, controlling the size and scope of government, expanding opportunity and flexibility for workers, reforming Social Security, and simplifying retirement savings. Boccia directs the Grover M. Hermann Center for the Federal Budget at the Heritage Foundation, whose budget analysts and economists cover taxes, labor policy, pensions, appropriations, infrastructure, and transportation.
The Center leads the production of Heritage’s Blueprint for Balance, an annual federal budget plan that was the foundation of President Trump’s budget proposals to Congress, and which has had a profound influence on congressional budget resolutions. Boccia regularly advises members of Congress and has testified before House and Senate congressional committees, as well as before state legislatures. She is widely published and often appears as a guest expert on national television and talk radio, including Fox Business News, The Ben Shapiro Show, and CNBC.