Since the coronavirus hit crisis levels, many writers have predicted how it will permanently change how we live and work. A few of the opinions include: the age of the office is probably over. Schools will ramp up remote learning. Doctors will be our new patriots. We will vacation in virtual reality. Telemedicine will be…
The President and those running to replace him ignore the nation’s $23 trillion in national debt; $18 trillion of which was incurred by the last three presidents. The President’s proposed 2021 fiscal year budget is $4.8 trillion and anticipated revenues are $3.64 trillion, adding another $1.2 trillion to the deficit. Every person living in the…
As the nation ends the gift-giving season, Congress, in its $1.4 trillion 2020 fiscal year appropriation gave billions to distilleries, race-horses, Nascar owners, short-line railroad, biodiesel blenders and other favored industries. Should Congress consistently give billions of our hard-earned dollars to private entities? While common sense says NO, it is unfortunate that Congress fails the…
Amid the drama surrounding impeachment, both parties came together on one area of shared support: spending enormous amounts of taxpayer dollars and adding to the $23.1 trillion national debt. Congress had little time to properly review fiscal 2020 spending bills, which weighed in at more than 2,000 pages of clunky text. The legislation contained a multitude of flaws,…
If you’re a Millennial who feels a strong disdain for those of the Boomer generation (that raised them), you might have some unresolved issues with your home life. I’m not here to play armchair psychotherapist, but let’s look at some of the issues you might have with Boomers. I am technically a member of the…
In every presidential election, the Republican candidate runs as a conservative promising to reduce the debt and deficit. The promises have been made for so many decades that they have created a myth that Republicans are fiscal conservatives determined to reduce the National Debt and the Democrats are crazy, uncontrolled spenders. In the 2016 election,…
The economy is growing, revenues are growing, unemployment is low, and yet the U.S. government’s budget deficit is exploding. According to the Department of Treasury, nine months into the beginning of the fiscal year, the U.S. budget gap has increased to $747 billion. Since there are another three months to go, it will very likely reach…
On Thursday, top Democratic candidates officially took the stage, prepared to fight for the Presidential Democratic nomination. The front-runner, former Vice President Joe Biden sparred with candidates Sen. Bernie Sanders, Businessman Andrew Yang, Mayor Pete Buttigieg, Sen. Kamala Harris, and others. Sen. Sanders Announces Tax Increases On All Americans Moderators asked a direct question to…
Our economy is strong, but so is the possibility that it may have an Achilles heel—the national debt. That was the consensus of participants in a recent panel discussion at The Heritage Foundation. The unmatched power and recently strong economic growth of the United States masks a dangerous hazard that could lead to our collective downfall,…
Brad Sylvester on February 26, 2019 President Donald Trump claimed Feb. 15 that former President Barack Obama “put on more debt on this country than every president in the history of our country combined.” Verdict: True Public debt more than doubled in the eight years of Obama’s presidency, rising from $6.3 trillion to $14.4 trillion. Gross federal debt –…