by James Fite | Mar 29, 2023 | Articles, Editor's Choice, Good Reads, Opinion, Politics
The federal government hit the $31.4 trillion debt ceiling in January. Treasury Secretary Janet Yellen enacted “extraordinary measures” to keep America from defaulting, but even that is expected to fail by June if Congress and the president can’t work something out....
by Andrew Moran | Mar 8, 2023 | Articles, Economic Affairs News, Opinion
At this point in US politics, it is almost guaranteed that every budget submitted by a president will involve more spending and federal deficits, completely disregarding future generations. This week, the American people will be presented with the Biden budget, a plan...
by Andrew Moran | Mar 4, 2023 | Economic Affairs News, Lights, Camera, Action, Swamponomics
Social Security is on the brink of financial collapse. But does anyone in Washington, DC, have the temerity to tackle the plethora of fiscal challenges crippling the retirement scheme? Economist and best-selling author Laurence Kotlikoff speaks to Liberty Nation’s...
by Andrew Moran | Feb 16, 2023 | Articles, Economic Affairs News, Good Reads
The US government is entrenched in a bitter fiscal battle over the debt ceiling and the federal deficit. The CBO (Congressional Budget Office), a non-partisan budget watchdog, once again poured cold water on President Joe Biden’s claim that his administration and...
by James Fite | Jan 25, 2023 | Articles, Good Reads, Opinion, Politics
We’ve seen it a million times: Fresh out of high school and on their own for the first time, many a new adult receives that first credit card – the ability to spend money they’ve yet to earn – well before learning how to manage what little they do have. How many, mad...