Trump Administration Manages Sixth-Largest Single-Year Debt Increase in U.S. History

WASHINGTON (Oct. 2, 2018) – America has a major spending problem. 2018 was one of the worst in history. Sept. 30 marked the end of the federal government’s 2018 budget year. According to data released by the U.S. Treasury Department, the federal debt grew by nearly $1.3 trillion in fiscal 2018 – $1,271,158,167,126.72 to be exact. […]

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Podcast: A Federal Debt Spiral and Delusional Trump Supporters

I’ve come to a conclusion: there is a segment of Trump supporters out there who are delusional. They are so blinded by the cult of personality that they can’t objectively look at reality. Last month, the Trump administration broke the one-month record for spending. In other words, Trump and his Republican colleagues in Congress are […]

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Time for Warren Buffett to Put Up (or not) and Then…Pipe Down

  I keep hearing the phrase “out of bullets” from pundits who discuss what options might be available to the central planning crowd in dealing with the economy. It would be nice if these planners’ guns would be totally out of bullets. Unfortunately, as long as central planning ideology maintains its firm grip on politicians [...]

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Nullification: Are States Sitting Ducks or Willing Accomplices?

This is Part 5 in an ongoing series about the concept of nullification by states; the idea that individual states can declare a federal law or regulation unconstitutional, and therefore, refuse to implement it. See FOOTNOTE section for links to Parts 1 – 4 and additional supporting information.1 (See the far right sidebar for making [...]

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Et tu, Senator Johanns? First Food Safety, Now Unemployment Extension?

By Shelli Dawdy Earlier this week, the Senate passed a food safety bill that would grant sweeping new powers to the FDA, that would add $1.4 billion in costs to the federal budget, and that stands to hurt small farms. As we noted in our article on the subject, Nebraska Senator Mike Johanns voted for [...]

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GIN: Don’t Count On a Republican Congress To Save The Day

If you are still buying into the myth that a Republican majority in Congress is “the answer to our problems”, then in fact, you are not only not in Kansas, you are not in any of the several states, including your own. Sure, you might be there physi...

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