national debt

Another Cycle of Debt Ceiling Hysteria

Another Cycle of Debt Ceiling Hysteria

This week the U.S. government reached its 31.4 trillion dollars borrowing limit, better known as the “debt ceiling.” This led to a showdown among House Republicans, President Biden, and congressional Democrats. House Republicans are demanding that President Biden and...

The ‘Mother of All Economic Crises’

The ‘Mother of All Economic Crises’

Nouriel Roubini, a former advisor to the International Monetary Fund and member of President Clinton’s Council of Economic Advisors, was one of the few “mainstream” economists to predict the collapse of the housing bubble. Now Roubini is warning that the staggering...

When $5 Trillion Is Not Enough

When $5 Trillion Is Not Enough

The federal government seized from the American people almost $5 trillion ($4.896119 trillion) in fiscal year 2022 (Oct. 1, 2021 through Sept. 30, 2022), according to The Monthly Treasury Statement of Receipts and Outlays of the United States Government (MTS),...

News Roundup 10/7/2022

News Roundup 10/7/2022

US News The White House extends the required breaks for flight attendants between shifts. Tribune The national debt exceeds $31 trillion. Forbes A new poll shows nearly 70% of Americans want to end arms sales to Saudi Arabia and only a slight majority support selling...

Walking the Ruins of Empire

Walking the Ruins of Empire

At sixteen I was lucky enough to travel to Italy with my Latin class. The highlight of the trip for me was walking through the ruins of Pompeii. Standing in the shadow of the deadly volcano Mt. Vesuvius, you are keenly aware of the danger staring down at you. We...

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