Trump Administration Spends U.S. to May Budget Deficit Record
If you were thinking maybe federal government spending might slow down a bit afterย the national debt crossed the $22 trillion markย โ well, it didnโt. Last month, the federal budget deficit came in at $208 billion, according toย Treasury Department data. It was the...
How the Fed Wrecks the Economy
When people talk about the economy, they generally focus on government policies such as taxation and regulation. For instance, Republicans credit Pres. Trump’s tax cuts for the seemingly booming economy and surging stock markets. Meanwhile, Democrats blame...
Newsflash: Social Security and Medicare Still Going Broke
Last year, Social Security and Medicare trustees warned that the programs are going broke. A year later โ theyโre still going broke. This shouldn’t come as a shock to anybody. It’s yet another example of the ineptitude of the political class in Washington...