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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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Presidential Budgets: When A Cut isn’t a Cut

March 21, 2019 Debt / Deficit / Government / Spending 0

By: Mike Maharrey Remember when a budget cut was actually a cut in spending rather than a cut in the expected increase in spending? President Trump’s proposed budget calls for ...

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Jefferson on Debt and Madison on Spending

Michael Boldin Two lessons for today from the 3rd and 4th Presidents. How Jefferson tackled the national debt, and how Madison dealt with Congress passing a bill for infrastructure spending.

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