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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…
Earlier than the Primaries, the GOP Wants an Overdue Second of Reality The Republican Social gathering is heading in direction of its most vital main elections in a very long time. The social gathering’s ideological confusion, its departure from mainstream…
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…
So Why Gained’t Gavin Newsom Put His Foot on the Brakes? In 2012, the value of regular-grade gasoline in California was about 30 cents per gallon larger than the nationwide common. This worth differential has elevated considerably in recent times.…
The Roots of Inflation Go Far Past the Provide Chain We maintain listening to that supply-chain disruptions are inflicting the “momentary” worth inflation that has change into the new matter of dialog. All kinds of public enemies are being blamed for the…
Homelessness Isn’t Helplessness, however “Housing First” Assumes It Is In a 2006 New Yorker article, Million-Greenback Murray, creator Malcolm Gladwell advised the story of Murray Barr, an alcoholic who had spent a decade dwelling on the streets of Reno. The…
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…
The World Is Dealing with Its Day of Inflationary Reckoning Double-digit value inflation is right here. Anybody being attentive to fiscal and financial coverage knew this may occur in the end. The Federal Reserve’s current 0.75 foundation factors hike within the federal…
The PayPal Fiasco Was No Accident PayPal on Oct. 8 despatched out an replace to its phrases of use, or acceptable use coverage (AUP), that included a surprising addition. It reserved the fitting to confiscate $2,500 from individuals’s accounts in the…
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…