By: Peter C. Earle Barely halfway through 2024, the rapidly rising tower of US public debt has reached yet another milestone. Two hundred and six days after reaching $34 trillion, America’s debt pile has reached […]
It’s time to declare a financial state of emergency By: Pete Colan Most AT readers regularly consume staggering numbers about our debt and deficit, but not all those that report this news will put those […]
Three Lies They’re Telling You about the Debt Ceiling By: Ryan McMaken Negotiations over increasing the federal debt ceiling continue in Washington. As has occurred several times over the past twenty years, Republicans and Democrats […]
Twelve Questions on Economic Issues for the Next Congress By: Jeffrey A. Tucker •••• •••• We are now experiencing an economic crisis that could get worse. Financials are in bear markets. Inflation is roaring. The […]
2021’s Deficit Spending Is Already Out of Control. Here’s Why That’s a Problem. By: Ryan McMaken This morning, President Trump apparently threatened to veto the so-called stimulus legislation recently approved by Congress. The legislation features […]
Economic Storm Clouds Gather, but Ending the Fed Provides Hope By Ron Paul The Federal Reserve recently increased interest rates to 1.75 percent. This is the highest interest rates have been since 2008, but it […]
This Is How the Status Quo Unravels By:Charles Hugh Smith The politics of the past 70 years was all about horsetrading who got what share of the growing pie: the “pie” being cheap energy, government […]
House Minority Leader Nancy Pelosi (D.-Calif.) said today that the government must cut spending, and then explained that: “Tax cuts are spending.” “Our whole budget is what $3.5 trillion,” Pelosi said at a Capitol Hill […]
Explaining why America is broke is rather simple. All we have to do is look at two separate and distinct problem areas: public unions and defense spending, then generalize the problem. Let’s start with a […]
FORTUNE — You can’t blame middle-income Americans for wondering whether the new “fiscal cliff” deal really protects them from big tax increases in the future. That’s essentially what President Obama promised in championing the hike […]
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