by Andrew Moran | Jan 10, 2024 | Business News, Opinion, Swamponomics
It’s official. The national debt is now over $34 trillion, meaning the US government borrowed approximately $2.65 trillion during the last year. It took the United States more than 200 years to cross the $1 trillion mark; today, it takes only a few months to...
by Andrew Moran | Dec 15, 2023 | Articles, Business News, Opinion
The fiscal year just started, and the US government is already running a massive budget deficit. In November, the federal shortfall was a larger-than-expected $314 billion, fueled by a 17% increase in spending. In only the first two months of FY 2024, the gap totals...
by John Klar | Oct 29, 2023 | Articles, Business News, Opinion
Historically, credit card debt carries a higher interest rate than secured loans such as mortgages or car loans. However, the rates being charged for most credit cards now outstrip past experience, even as gasoline, rent, and fuel prices continue to crush the living...
by Andrew Moran | Aug 14, 2023 | Articles, Business News, Good Reads, Opinion
Would the national economy collapse if the US government and consumers repaid all their debt or if borrowing were outlawed? It is a fair question considering how much debt the public and private sectors have amassed since the coronavirus pandemic. While red ink had...
by Andrew Moran | Aug 2, 2023 | Business News, Lights, Camera, Action, Opinion, Swamponomics
Signs indicate Bidenomics is subsidizing the labor market, be it via growing government payrolls or sending taxpayer dollars to certain sectors for green jobs. For more episodes, click...