Unlimited Debt Leads to National Bankruptcy

May 22, 2023 Debt / Economy 0

By: Jacob Hornberger During the current debt-ceiling crisis, one thing should be painfully clear to everyone: For those people who are advocating an increase in the debt ceiling, there is no ...

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Partisan Hackery Blinds People to the Real Problem

Federal Reserve Chairman Jerome Powell recently went to Capitol Hill and testified before a House committee. The questions asked by Republicans and Democrats along with their accompanying spin once again ...

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Smoke and Mirrors: The “Greatest Economy” is Built on Spending and Debt

August 2, 2019 Debt / Economy 0

By: Mike Maharrey President Trump has repeatedly bragged about “his” economy, talking about economic growth in glowing, hyperbolic terms. To hear the president tell it (or tweet it as the ...

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The Debt Elevator Keeps Going Up and the GOP Pushed the Buttons

July 17, 2019 Debt / Republicans 0

By: Mike Maharrey Remember when Republicans told us deficits mattered? Good times. But those days are long gone. The U.S. government continues to spend money at a staggering pace. The ...

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Federal Reserve Appears Poised to Resume Monetizing U.S. Government Debt

By: Mike Maharrey It looks like the Federal Reserve is about to get back into the bond business and help the US government deal with its massive debt. The Treasury ...

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The Federal Government Has a Negative Net Worth of $21.5 Trillion

April 16, 2019 Debt / Deficit / Government / Spending 0

By: Mike Maharrey The net worth of the U.S. federal government comes in at negative $21.5 trillion. This according to the Financial Report of the United States Government recently released by the U.S. Treasury ...

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How Thomas Jefferson Dealt with the National Debt

April 12, 2019 Debt / Deficit / Spending 0

By: Michael Boldin A massive federal debt is nothing new. But how they deal with it today is totally different. "I sincerely believe... that the principle of spending money to ...

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Republicans and Democrats are Awful on Spending: Good Morning Liberty 04-03-19

April 4, 2019 Debt / Deficit / Spending 0

By: Michael Boldin While some people believe that the GOP is the “lesser of two evils” when it comes to funding big-government programs, the numbers show something different. When it ...

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Trump Administration Runs Biggest Monthly Deficit in History in February

March 27, 2019 Debt / Deficit / Spending 0

By: Mike Maharrey The Trump administration ran an all-time record deficit of $234 billion in February, according to a Treasury Department report released on Friday. According to Business Insider, the February 2019 deficit ...

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Fiat Money and the Promise of Cryptocurrency

by John O. McGinnis Last weekend, I spoke at the Federalist Society Student Convention on the subject of cryptocurrency. When I became a member of the small band that was ...

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