Congressional salaries should be reduced every time a budget is passed with spending exceeding revenue, a firm cap on spending should be imposed, and entitlement reform should become an urgent priority.
If inflation reaches ‘80s levels and the Fed responds by increasing interest rates to ‘80s levels, the United States will undergo a jarring debt crisis.
The average student debt payment is less than the average car payment. So why do people insist it’s ‘crushing’ young Americans so much that taxpayers should bail them out?
The two immense challenges we citizens will eventually be forced to face are the staggering explosion of federal debt and the accompanying increased dependency upon government.
The average college graduate leaves school with a monthly payment of approximately $300. So why are students really struggling to repay their loans?
In ‘Smashing the DC Monopoly,’ the legendarily principled former senator explains just how corrupt Washington is and lays out a credible plan to amend the Constitution and make the reforms Congress won’t.
Any scheme that lures you to accumulate debt on top of current debt is not simply a lifestyle choice. It’s a moral choice.
The Dow’s record-setting performance might appear to reflect the strong performance of its 30 component corporations. Instead, it shows how financial engineering masks market weakness.
The cumulative debt for all public pension systems is at $5.599 trillion, or $46,884 per household. Most is for teachers, whose unions have for years resisted improvements for kids.
One of the year’s most celebrated novels asks us to see national politics as a consuming obsession that both masks and projects our deepest personal failings.
Is there any accountability in American politics for being completely wrong? Certainly not for the liberal defenders of Obamacare.
Only once you have broken out of your current perspective can you break out of self-induced poverty (a.k.a. your bad habits), and into prosperity.
If you’re motivated, you can flip your finances from a dismal cycle of paycheck to paycheck to an impressive investment in your present and future.
I have enjoyed ‘Last Week Tonight’ in the past, but now that I see just how twisted the facts get in his segments, I wonder if I can trust them to provide anything but excellent analogies.
In The Atlantic, Neal Gabler partly blames his outrageous money woes on ‘financial illiteracy,’ but anybody can understand the key way to make it in life: spend less than you earn.
Federal deficits have temporarily declined, so some in Congress want to party on by spending even more decades of future tax revenues.
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