“You hypocrite, first take the plank out of your own eye, and then you will see clearly to remove the speck from your brother’s eye.” — Matthew 7:5 I grew up going to numerous youth group events, Christian summer camps, weekly chapels at my Christian high school, and...
Scott talks to David Stockman about the economic fallout from the coronavirus lockdowns. Stockman points out all the devastation that has already been wrought by the government so far—relating to both the lockdowns and to the rampant stimulus measures meant to address...
Uh, what? Um. That's alot, right?
The federal budget deficit in the month of June totaled nearly the entire 2019 fiscal year shortfall and would rank sixth largest-ever if it were a yearly deficit. The June deficit came in at $864.1 billion dollars, according to the latest Treasury Department report....
Mike Swanson discusses the continuing economic fallout from the coronavirus, focusing in particular on what are sometimes called “zombie companies.” These firms stay afloat largely because of easy money available at low interest rates, even though their business may...
[Review of Stephanie Kelton, The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy (New York: PublicAffairs, 2020).] I’ve got good news and bad news. The good news is that Stephanie Kelton—economics professor at Stony Brook and advisor to the...
US News Jordan Smith explains “less than lethal” weapons result in life-threatening injuries. [Link] The US national debt is now over $26 trillion. The US has added $2 trillion to the debt in about two months. [Link] The Pentagon will give a $135 million bailout five...
Welcome to your future. Your government is spending it right now. And your children’s and grandchildren’s future to boot. The U.S. Treasury projected that it would borrow $2.99 trillion in the second quarter fo this year. The Trump administration also plans to borrow...
