Here we go again. Next stop for the national debt is $24 trillion. My guess is the debt will be closer to $30 trillion by 2021. Does it matter? Let’s answer the question first. Then, we’ll do the math. In 2002, in a discussion of unfunded tax cuts, it’s reported Vice President Dick Cheney told the Treasury Secretary, “You know, Paul, Reagan proved that deficits don’t matter. We won the mid-term elections, this is our due.” Treasury Secretary Paul O’Neill was speechless. In 2009, Elaine Floyd, CFP, wrote, “There will always be plenty of investors interested in buying government...Read More
Month: May 2017
- Citizen Journalists vs. Corporate Media
- Why stop with the debt ceiling? Let’s eliminate the income tax!
- The dollar will lose its reserve currency status; Americans will see a decrease in their standard of living…due to Hubris.
- Talking Point: Professors Protest TPUSA Tabling Event, Forced to Request Police
- Six Economic Lessons From Harvey