I have written countless articles on the poor operation of our government. We fail to address the pressing issues like our outdated and antiquated tax code, the fact that we operate without any form of a balanced budget, generate billions of dollars...
To the astute reader, the signs are popping up all over and the long term economic future is looking dim. Under current law as of May 16th, the United States Treasury will be at the statutory borrowing limit and will need to use so-called...
I have written numerous articles on the U.S. National Debt that I feel like I am as the old saying goes “beating a dead horse.” If your family started spending nearly twice as much as it brought in every single year, how long do you think it would...
In history, certain years are pivotal. For Americans, some that come to mind are: 1776, 1865, 1929, and 1941. Whereas the Declaration of Independence, end of the Civil War, Stock Market Crash, and Pearl Harbor will never be forgotten, I ask…what...
Does the debt ceiling debate seem familiar? It should. From the Carter administration to the Obama administration the debt ceiling has been raised 39 times. Each time the increase was opposed but then passed by the opposition party. It’s like a...
One would never know when they listen to President Obama pleading with the Congress to support him in his efforts to attack Syria that the United States has a debt problem. This National Debt is money borrowed by the federal government that...
We have managed to kick the can so far down the road that we have lost sight of the can. Remember July of 2011 when there was an uproar over the National Debt and Congress had to raise the statutory limit of $14.3 trillion dollars for the United...
Remember back in the summer of 2011, we faced the debt ceiling crisis and we were threatened with every sort of hurt the government could impose on us. Social Security payments would be stopped; food stamps would be reduced; mail would not be...