If you ask most Americans, I believe they would tell you that money is tight. They may even be reducing cable services, choosing not to dine out or go to the movies to stretch their budgets. No so with the government. Both sides of the aisle, and the President, love spending money (that isn’t theirs)….
The “Committee to Unleash Prosperity has taken a novel approach to bring attention to the debt problem. And, despite what many others say, the debt is unstainable. The interest on the debt will soon exceed the budget for the military. Don’t believe it? The current U.S. national debt is $34 trillion+. In his op-ed, “Who’s…
The aftermath of COVID-19 and quarantine has left many of us with myopic tendencies, and we are not looking at the bigger picture of how debt is impacting the world and what the consequences may be if our leaders or “We the People” voters don’t take any action to correct the problem. On November 11,…
In an op-ed published by Sun Sentinel on January 17, 2024, Lisa B. Nelson, CEO of the American Legislative Exchange Council (ALEC) reminds us that “without strong safeguards, power would inevitably migrate to the national government while eroding individual rights and state sovereignty, federalism was woven into the U.S. Constitution to prevent federal overreach.” Read…
Federal Fiscal Sustainability Foundation board member David M. Walker gives his opinion about the Federal Debt and recommends that “the House Judiciary Committee should hold a hearing on House Concurrent Resolution 24, which relates to the Congress’ constitutional responsibility under Article V regarding this issue” in an op-ed published by DC Journal on January 8,…
The end of the year is always a time for reflection. As we get ready to ring in 2024, let’s look honestly at the national debt. It’s a problem. Taylor Millard wrote, in an online op-ed published by DC Journal, “The bad news for American taxpayers? A respected university analysis says the United States has…
Professor Steve Hanke and Stephen J.K. Walters, recently co-authored an article for National Review/Capital Matters titled “The American Voter’s Flight to Freedom.” The article discusses how liberal policies are causing citizens in many blue states to migrate to more economically and politically favorable areas. The authors raise the question of whether politicians are paying attention…
Cincinnati.com/The Enquirer published an op-ed written by contributor Dan Regenold titled, “It Will Take a Transformational Leader to Keep U.S. from Becoming Greece.” Mr. Regenold suggests, “One of the key health measurements of world economies is something called debt-to-GDP ratio. Gross Domestic Product is the sum-total of all the goods in the USA in a…
If you have watched The Wizard of Oz, you undoubtedly recall the scene when Toto pulls on the curtain, and the Wizard is exposed. The Wizard tells Dorothy and the group, “Pay no attention to that man behind the curtain.” Despite The US Debt Clock showing the amount owed per taxpayer at $259,103 and still…
In an op-ed published by the Wall Street Journal, Patrick M. McSweeney, reminds us that “Congress simply can’t help itself when it appropriates funds. In “Repeal the 1974 Budget Law That Fuels the Shutdown Cycle” (op-ed, Oct. 12), Wisconsin’s Sen. Ron Johnson and Rep. Mike Gallagher remind me of the kid who falls off his…