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Who Pays When the US Government Defaults On its Debt?

The Biden Administration and the Federal Reserve somehow believe the national debt does not matter. The spin is that spending keeps the economy growing as long as the credit card can be paid off in U.S. dollars, so why worry? The federal government truly treats Americans as 328 million “suckers.” Unfortunately, reality will hit when…

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FACT CHECK: Would The Wealth Of Every Billionaire In America Keep The Government Running For Less Than 8 Months?

Emily Larsen on February 15, 2019  The conservative student organization Turning Point USA posted a meme that claimed that the wealth of all the billionaires in the U.S. could fund the federal government for less than eight months. “If we confiscated 100% of the wealth of every billionaire in America, we’d have enough money to run…