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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…

I’ll Take My Share of the Money, Now! MMT Part II
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I’ll Take My Share of the Money, Now! MMT Part II

How much money can our government give away and still remain viable? How much money can Americans spend without being tired of spending? How many subsidies is the business community willing to accept without recognizing its addiction to socialism? So far, the federal government, under the guise of Covid relief, has passed five laws that…

Are Conservatives Throwing in the Towel on Fiscal Restraint?
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Are Conservatives Throwing in the Towel on Fiscal Restraint?

We’ve all heard the refrain these days regarding the misguided notion that “capitalism is broken.” It has even crept into my house, as my oldest daughter has been hearing from her classmates about the virtues of socialism (the dire situation in Venezuela notwithstanding). This Is Both Startling and Thrilling It startles me because I wonder…