The National Debt is one of the most pressing issues of our time, and one of the least discussed. As of this month, the national debt is over $20.6 trillion and is reaching levels (in terms of debt to Gross Domestic Product) that we haven’t seen since the end of […]
Tag: National Debt
Limits of Public Debt and Big Government Republicans
President Donald Trump once boasted, “I’m the king of debt. I’m great with debt. Nobody knows debt better than me.” Now that the King of Debt is in office, he’s living up to his moniker. The debt to GDP ratio continues to rise, now up to around 105.40%. Certainly, one’s […]
Infrastructure: Trump’s Biggest Gamble Yet
Outside of the passage of tax reform last year, President Trump has had a difficult time passing major legislation. However, infrastructure could be where that changes. On an abstract level, it is the perfect meeting ground for bipartisanship, because it creates jobs in exchange for tax hikes. Importantly, though, it […]
Government Shuts Down and Quickly Re-Opens
Just weeks after Senator Chuck Schumer (D-NY) shut down the United States federal government for three days, the Government found itself (briefly) in another government shutdown. Here’s what’s important: The last shutdown occurred in late January because Senate Democrats were unable to broker a deal with Republican leadership and President […]