“The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.”
On Oct. 3, 2022, the U.S. national debt eclipsed $31 trillion for the first time in history. When you factor in unfunded liabilities in Medicare and Social Security, the debt skyrockets to well over $100 trillion. As the Anti-Federalist writer Brutus warned: “I can...
The biggest, most powerful government in the history of the world is built on borrowing and money printing. And on January 31, the national debt quietly eclipsed $30 trillion. The U.S. government has run up debt at breakneck speed after raising the debt ceiling. The...
What do the Federal Reserve and neoconservatives have in common? They both refuse to admit that their policies — the neocons’ promotion of perpetual war and the Fed’s manipulation of the money supply — are complete failures, having produced the opposite of the...
With economies shut down and the U.S. government spending trillions in response to the coronavirus pandemic, the federal government ran a record $3.13 trillion deficit in fiscal 2020. The pandemic eased and economies opened back up in fiscal 2021, and you would expect...
The Biden administration has continued the government spending spree of the Trump administration started and has even managed to speed it up. Never before has the federal government run a budget deficit this big through the first six months of a fiscal year. The U.S....