Treasury Secretary Battle: Gallatin vs Yellen (and everyone else?)

They sure don’t make Secretaries of the Treasury like they used to. That becomes obvious the moment you compare the views of Albert Gallatin - who served under both Thomas Jefferson and James Madison - vs Janet Yellen - or anyone else in modern times, for that matter.

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Federal Spending is the Problem with Inflation

Not surprisingly, both conservatives and progressives are refusing to confront the big elephant in the room — the one that is the root of the problem: out-of-control spending by the federal government, which has been going on a very long time.

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Drowning in Debt: Good Morning Liberty 10-31-18

The Republican “Party of Fiscal Responsibility” continues to rack up debt at a staggering rate. The U.S. Treasury plans to borrow another $425 billion in the final quarter of 2018, bringing total borrowing for the year to $1.34 trillion. On today’s Good Morning Liberty, Michael Boldin (follow) covers this, plus the fact that Social Security […]

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Feds Have ‘Debt Out the Wazoo!’ How Will They Fund It?

We all know the U.S. government has a debt problem. This raises a couple of questions most people seem to be ignoring. Who’s going to finance all of this debt and what will it mean to the economy? The national debt increased by $1.27 trillion in fiscal 2018. If you expected the pace of borrowing […]

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Beware of the Federal Government’s Debt Spiral

In aviation, a death-spiral describes the downward, corkscrew-motion of a disabled aircraft that’s unrecoverably headed for a crash. If you pilot an aircraft, you never want to find yourself in a death-spiral — for obvious reasons. Well, The federal government may well be in a death spiral of its own  – or perhaps we should call […]

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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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Insane Spending, Republicans and Democrats are in it Together: Good Morning Liberty 09-21-18

Michael Boldin discusses the latest federal spending record, set in August. Plus a new spending bill - that's close to $1 Trillion, and includes funding for Obamacare - had almost no opposition from Republicans or Democrats.

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George Washington’s Advice Rejected by both Parties

Avoiding national debt was one of George Washington’s greatest admonitions yet neither liberals nor conservatives have paid much attention to it. It would be well to reflect on his advice this President’s Day. The trillion dollar Republican proposal will raise overall spending caps by about $300 billion over the next two years and will make…

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