by Bill King | Oct 8, 2018 | Economics, National Economy
The federal government just finished up its fiscal year on September 30. It was not pretty. We added $1.27 trillion to the national debt. That is nearly double the increase last year. The debt grew about twice what GDP grew for the year. So far, the promised...
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...
