There's No Easy Way Out of This Debt Spiral
The new problem we now face arises from the fact that huge deficits are only manageable so long as interest rates remain very, very low.
The new problem we now face arises from the fact that huge deficits are only manageable so long as interest rates remain very, very low.
Resettling Gazans in America—at taxpayer expense—will be sold as a "humanitarian" effort, but anyone who sees through the propaganda will see that it's really all a cynical effort to please Israeli politicians.
Resettling Gazans in America—at taxpayer expense—will be sold as a "humanitarian" effort, but anyone who sees through the propaganda will see that it's really all a cynical effort to please Israeli politicians.
Federal flood insurance was created ostensibly to provide insurance to people who live in flood-prone areas. Not surprisingly, it subsidizes bad home-building decisions and wastes billions of dollars.
As the Biden administration ramps up new government spending—and budget deficits—to unheard-of peacetime levels, reality sets in. No economy and no currency can withstand this explosive assault for very long.
When the Supreme Court ruled that Obamacare mandates really are taxes, it twisted logic into a pretzel. Forcing people to pay for health insurance is still a mandate.
The new problem we now face arises from the fact that huge deficits are only manageable so long as interest rates remain very, very low.
President Biden claims that spending money to send weapons and ammunition around the world is good for the US economy.
President Biden claims that spending money to send weapons and ammunition around the world is good for the US economy.
Federal flood insurance was created ostensibly to provide insurance to people who live in flood-prone areas. Not surprisingly, it subsidizes bad home-building decisions and wastes billions of dollars.