The Trump administration ran an Obamaesque budget deficit of over $1 trillion in the 2019 calendar year. It was the first budget deficit over $1 trillion in any calendar year since 2012. The budget shortfall from January through December totaled $1.02 trillion,...
One of the lasting legacies of the economic collapse a decade ago is subprime. After lying dormant for several years in the aftermath of the Great Recession, the subprime market has returned with a vengeance. Everything is subprime nowadays, as banks, finance...
With the U.S national debt currently sitting a little above 23 trillion, there is still a lot of debate about how we got here and whether or not this accumulation is sustainable. Most people in Congress responsible for the matter see it as a problem, stating that “we...
Capitalism creates poverty. Capitalism has stolen our future. Capitalism ravages the planet. Capitalism oppresses us. Capitalism needs to be controlled by government or it will throw most of us into poverty and misery and enrich only the well-placed few. These are not...
Click here for Part 5 For the audio version, check out my podcast A Boy Named Pseu where you can download it on all podcast platforms. (read starts at 8:54) Read full piece here. If bitcoin is dead, then it has no value proposition Bitcoin’s mere existence is its...
Click here for Part 4 For the audio version, check out my podcast A Boy Named Pseu where you can download it on all podcast platforms. (read starts at 8:54) Read full piece here. If bitcoin is dead, then so is its volatility Bitcoin’s volatility further demonstrates...
The dust has settled and the evidence is in: The 1960s Great Society and War on Poverty programs of President Lyndon Baines Johnson (LBJ) have been a colossal and giant failure. One might make the argument that social welfare programs are the moral path for a modern...
Repealing certificate-of-need (CON) laws can stimulate more healthcare supply and access Did you know that in many states, healthcare providers need to obtain government permission before rolling out new services or technologies? It sounds nonsensical, but these...
