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.
The post Treasury Secretary Battle: Gallatin vs Yellen (and everyone else?) first appeared on Tenth Amendment Center.
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.
The post Federal Spending is the Problem with Inflation first appeared on Tenth Amendment Center.
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 […]
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 […]
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 […]
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. […]
Donald Trump said he was going to drain the swamp. Instead, we got a swamp that’s bigger and more expensive than ever!
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.
Politicians in D.C. have created a vicious cycle of skyrocketing debt and borrowing that is only likely to accelerate
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…