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The Precise Federal Deficit: Social Security and Medicare How a lot does the federal authorities actually owe? In keeping with the Treasury Division, the federal debt is about $31.4 trillion. Subtracting the quantity the federal government owes to itself (bonds…
No, Inflation Isn’t Good for Employees An odd notion appears to have taken maintain in Washington: that the Federal Reserve’s straightforward financial coverage is nice for employees. Close to-zero rates of interest are being hailed as the important thing to…
Worth Controls and Authorities Spending Received’t Repair Inflation America final 12 months skilled its highest inflation charge in practically 40 years. Not surprisingly, the general public expects the federal government to do one thing to get inflation below management. If…
Feds Are Profiting Off of Coverage: Solely Voters Can Cease Them Over the previous a number of months, The Wall Road Journal has been reporting on authorities officers who revenue from their cozy relations with the non-public companies they regulate or that…
A Giant Financial institution Failure that Few Are Speaking About An enormous financial institution failure has occurred, but no headlines have been posted within the information or social media. This financial institution has misplaced near a trillion {dollars} on its…
President Biden’s Inflation Malarkey President Biden took to the pages of the Wall Avenue Journal to defend his financial report. He claims that “as provide chains proceed to unsnarl, firm revenue margins fall from traditionally excessive ranges, and rents proceed to average, inflation ought…
What Ought to We Do About Medicare? President Biden and former President Trump have made the identical promise to voters: they received’t contact Social Safety or Medicare. That’s not merely disappointing. It’s irresponsible. Based on the most recent Social Safety and…
Congress Is Dealing with But One other Unhealthy Farm Invoice President Trump simply introduced new tariffs on metal and aluminum. However Sadly, this effort to make America nice once more merely transfers wealth from the overall inhabitants to some (already…
Cease Subsidizing Constructing in Flood—and Even Lava Move—Zones It has been greater than per week since Hurricane Florence made landfall in North Carolina, and flood waters are persevering with to wreak havoc throughout the Carolinas and Virginia. Whereas a lot…
We Obtained Housing Constructed after the 1906 Quake. We Can Do It Once more. Right here’s How. Regardless of a lot hand-wringing by California politicians over the housing disaster, residential constructing permits statewide had been decrease in 2019 than in…