Economy
Propaganda: Calling it Inflation Rather than Depreciation
One of the ways that the government uses propaganda to increase its own power is by changing the meaning of words. The word “inflation” is a perfect example. Supporters of the monster state use this not to describe actual inflation, but rather the effects of it. The...
Fiscal 2023 Federal Budget Deficit Third-Largest Ever
It takes a lot of money to run the biggest government in the history of the world. The federal government ran a $1.695 trillion budget deficit in fiscal 2023. It was the third-largest deficit in U.S. history. The only time the feds ran bigger deficits was during the...
Growing US Debt Menaces Liberty and Prosperity
Congress’ top priority this fall will be passing legislation funding the government and avoiding a “shutdown.” As of this writing, it appears unlikely that the Republican-controlled House will be able to make a deal with President Biden and the Senate Democrats on a...
Republicans Fiscally Irresponsible Act
The political and financial class breathed a sigh of relief when Congress passed the Fiscal Responsibility Act of 2023. The bill suspends the debt ceiling for two years, thus avoiding the establishment’s nightmare of a government default on its debt. Rather, it allows...