The False Dilemma of Capitalism vs. Socialism
Capitalism vs. Socialism?
Federal Government Finances
The Only Thing We Have To Fear Is Fear Itself
Many people think this famous FDR quote came during the war. But actually, it was a line from his first...
National Debt Up by $1 Trillion this Year . . . and There are Still Two Months to Go
The U.S. Treasury maintains a very interesting website that tracks detailed information about the national debt. One of the reports...
A Primer on the Labor Force Participation Rate
If you follow the jobs report issued by the Labor Department each month, you have probably heard of something called...
A Primer on the National Debt
Daniel Patrick Moynihan once famously quipped that everyone is entitled to their own opinion, but not their own facts. Moynihan's...
Federal Deficits are the Result of Rising Expenditures and Falling Receipts
Contrary to the partisan narratives of our two dissembling political parties, federal deficits have been growing steadily since WWII through...
Will Tax Cuts Spur Economic Growth?
The assertion that tax cuts will spur economic growth is now Republican orthodoxy, incessantly repeated by the party’s leaders and...
Update on Social Security’s Financial Condition
The Social Security Board of Trustees recently released their annual report on the financial condition of that system. The...
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