by Bill King | Aug 11, 2018 | Federal Government Finances
The U.S. Treasury maintains a very interesting website that tracks detailed information about the national debt. One of the reports on the website the “Monthly Statement of Public Debt.” This report shows the total outstanding debt for the U.S. Government as of the...
by Bill King | Jun 20, 2018 | Demographics, Economics, Federal Government Finances, National Politics
If you follow the jobs report issued by the Labor Department each month, you have probably heard of something called the “labor force participation rate.” This is the percentage of the population between the ages of 16-64 that are employed or unemployed but looking...
by Bill King Policy | Jan 3, 2018 | Federal Government Finances, National Economy, Social Security
Daniel Patrick Moynihan once famously quipped that everyone is entitled to their own opinion, but not their own facts. Moynihan’s head would explode in today’s world of alternate political realities that seek to explain the explosion of the national debt...
by Bill King Policy | Dec 4, 2017 | Federal Government Finances, National Economy
Contrary to the partisan narratives of our two dissembling political parties, federal deficits have been growing steadily since WWII through every administration, with the sole exception of the Clinton administration. The growing deficits have been the result of the...
by Bill King Policy | Nov 29, 2017 | Federal Government Finances
The assertion that tax cuts will spur economic growth is now Republican orthodoxy, incessantly repeated by the party’s leaders and surrogates. Most often, these proponents cite the Reagan tax cuts in the 1980s as proof that cutting taxes will boost the economy. But...
by Bill King | Jul 22, 2017 | Federal Government Finances, Social Security
The Social Security Board of Trustees[i] recently released their annual report on the financial condition of that system. The report showed a small improvement in the system’s performance from last year, but underscored the longer-term challenges it faces. ...
