Last Friday, the Commerce Department released its initial estimate of U.S. economic growth for the fourth quarter of 2015, and the news was grim for the economy.
$19 Trillion and Counting
Written by Charles ScaligerUp and up goes the debt, freed now from any "debt ceilings." How and when the insanity will stop is anyone's guess.
Most people seem to agree that communism (a type of socialism) has proven to be a failure, but many believe that soft socialism is beneficial. Let’s look at some examples.
A report released on Monday by the Congressional Budget Office projects that the federal debt will be $30 trillion within a decade, citing new spending, tax cuts, and ObamaCare as some of the primary causes.
The Federal Reserve will not be audited any time soon, but its manipulations may soon lead to a sound money revolution.
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With the country heading toward ever-increasing debt, neither the Republican Congress nor the Democrat president appear prepared to take the needed action to solve the problem.
Democrats and one Republican in the U.S. Senate joined forces on January 12 to protect the Federal Reserve from transparency and accountability, voting down the enormously popular “Audit the Fed” legislation that would have opened up the controversial bank's books to government auditors.
The U.S. middle class, which for more than four decades comprised the majority of Americans, has declined to the point where it makes up slightly less than 50 percent of the U.S. adult population.
On November 2, the day President Obama signed a bill suspending the federal government’s $18.1-trillion debt limit until March 15, 2017, the total national debt jumped $339 billion.
Cato: American Decline Accelerating
Written by Bob AdelmannThe latest report from the Cato Institute comes on top of a long and increasingly unhappy series of reports on freedom’s decline in America.
What can be wrong with mandating that workers get paid more money? Interviews with small business owners in Seattle, where the minimum wage is rising, give an idea.