national debt
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Economy
The mystery behind Biden’s promise that his $3.5T spending bill will cost ‘zero dollars’ explained
'What Biden is really pushing are two goals that can easily come into conflict.'
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Law and Government
Biden’s ancestors owned slaves — should he pay reparations?
In February, Barack Obama said that reparations were ‘justified,’ because ‘the wealth of this country, the power of this country…
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Business
Foreign criminals got up to $300 billion from America’s COVID relief program
Stimulating criminals: Good idea, or not so much?
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Economy
Our greatest national crisis? Denying the great debt crisis
Biden’s new $6 trillion budget proposal looks like the Debt Clock’s projection of a $50 trillion national debt by 2025 could be…
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Economy
Biden proposes record $6 trillion budget, dangerous levels of debt
About $300 billion of the $5 trillion cost for the "American Families Plan" and Biden's infrastructure package is included in…
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Economy
Biden $1.9 trillion ‘rescue plan’ wipes out many jobs
A "rescue plan" that has no emergency to address and will do active harm is ... a bad idea.
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Foreign Affairs
What If ‘domestic FDR’ Biden becomes ‘wartime FDR’ too?
The U.S. is a racially, politically polarized nation drowning in debt, and some say that our best days are in…
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Economy
Biden’s $2.5 trillion infrastructure plan will drive jobs overseas, harm economy
Tax increases won't cover the full cost of Biden’s infrastructure plan, because of things like companies moving overseas to escape…
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Law and Government
Congress passes pandemic relief package, triggering $1,400 payments
The pandemic relief package also sends money to states that are flush with cash, to be spent with abandon. Some…
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Law and Government
Congress approves ‘COVID relief’ package that harms America’s future economic well-being
A debt pile-on, with no incentives for work, production, or investment.
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Law and Government
Reparations expand to more groups; cost likely to exceed $12 trillion
Obama recently said that reparations were "justified," because "the wealth of this country, the power of this country was built…
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Economy
Biden COVID relief plan too costly, both liberal and conservative economists say
Too much debt-financed spending being planned.
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Economy
Biden ‘stimulus’ will shrink economy in the long run, researchers conclude
Deregulation, not spending borrowed money for consumption and bill-paying, is the key to economic growth.
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Economy
Biden’s $2 trillion coronavirus stimulus would create pain in the future
Any additional stimulus spending will just increase the national debt, promote dependency on the government, and increase inflation.
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Economy
Biden ‘stimulus’ will increase national debt, shorten recovery, drive up inflation
We may not all be Keynesians now, but apparently Biden is one.
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Economy
2020’s never before (and never again?) milestones
We’ve all been deluged with lists of 2020 winners, losers, and reasons why everyone is saying good riddance to this…
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Economy
National debt skyrocketing, CBO says
'Interest rates will inevitably rise at some point, and the additional interest cost will have to be covered by either…
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Economy
U.S. warned about skyrocketing debt by credit-rating authority
Biden's proposed tax increases are far more than twice the size of the $1.4 trillion in tax increases Hillary Clinton…
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Economy
The really big numbers now involved in the ‘full faith and credit of the United States’
No nation ought to be without a debt. - Thomas Paine, 1776 (Common Sense)
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Economy
Oil falls to record low — time to fill the Strategic Petroleum Reserve
If the U.S. buys oil today at $1 and sells it for $40 in the future, it will make a…
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Media
For too long, the media downplayed the danger of coronavirus
I relied on the media to keep me informed about any major health risks posed by coronavirus, trusting that the…
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Economy
Bonus point: Serious effort to commit $90 trillion to GND would blow up money as we know it
How to blow up one of the chief wonders of modern civilization.
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Economy
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Law and Government
Unfunded government liabilities — the nation’s ticking time bomb
Across all media platforms, the threat goes largely unreported. Perhaps the consequences are unfathomable to discuss in 90-second news segments…
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