Economics
$25 trillion #nationaldebt - and counting. The president doesn't have a "financing problem." He has a spending problem. @mmaharrey10th pic.twitter.com/K5Ozhirmar
— TenthAmendmentCenter (@TenthAmendment) May 10, 2020
The President Doesn’t Have a Financing Problem; He Has a Spending Problem
The national debt ballooned by another $1 trillion in just 28 days. President Trump has promised to deal with the debt if reelected. He talked about essentially refinancing it. But that doesn’t address the actual problem. $25 trillion #nationaldebt – and...
Government Help: Breaking Your Legs and Giving you a Crutch
From the economy, health care, education and even safety – government “help” usually involves one big caveat – many of the problems were caused by government programs in the first place. Going to the government to fix problems created by the...
Staggering April Budget Deficit Just the Beginning
The April federal budget deficit came in at a staggering $738 billion as government coronavirus stimulus began flowing through the pipelines and revenue dipped due to the government lockdowns. Analysts expected a massive deficit in April, but it’s still a...#NeverForget: Borrowed money HAS to be paid back. You're either going to see more taxation or inflation. Or both. @mmaharrey10th pic.twitter.com/2WMsRNq6pU
— TenthAmendmentCenter (@TenthAmendment) May 5, 2020
An Uncomfortable Fact About all that “Stimulus” and Borrowing
The U.S. Treasury Department recently announced it plans to borrow $2.9 trillion in the second quarter of this year. Never forget borrowed money HAS to be paid back. You’re either going to see more taxation or inflation. Probably both. #NeverForget: Borrowed...