7 Ideas For Making Congress Solve The National Debt Crisis
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 We Don’t Cut Debt And Spending, The U.S. Is Poised For Another Financial Crisis
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 U.S. Gamble With National Debt Makes Playing The Lottery Look Smart
The truth is that we are the problem. Our benefits are ordinary, even small, to us, but collectively they are large enough to bankrupt our nation.
Republicans Are Spending Your Money Like There’s No Tomorrow
When does lavish federal spending get reined in? Not when there’s a Republican Congress, apparently.
Why Student Loans Are Not A Crisis And Certainly Don’t Deserve A Bailout
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?
Our Debt Crisis Results From Too Many American Takers And Not Enough Makers
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 Student Debt ‘Crisis’ Is Students’ Fault, And They Shouldn’t Get A Bailout
The average college graduate leaves school with a monthly payment of approximately $300. So why are students really struggling to repay their loans?
Tom Coburn Has A Plan To Fight Washington And Save America
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.
Why You Should Think Twice Before Airbnbing For A Down Payment
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 Most Millennial Startup Ever Will Front Your Down Payment In Exchange For Airbnb Hosting
Loftium signs a revenue-sharing agreement with its clients, thus offering a new way for debt-saddled millennials to make the jump into home ownership.
Why Is The Dow Soaring While Its Companies Are Losing Revenue?
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.
Why Pay Full Pensions To Unions That Bankrupted Taxpayers Pockets And Kids’ Minds?
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.
‘The Nix’ Haunts Readers With Timely Themes Of Politics And Forgiveness
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.
When Will Liberals Answer For Obamacare’s Failures?
Is there any accountability in American politics for being completely wrong? Certainly not for the liberal defenders of Obamacare.
5 Money Myths Keeping Millennials Poor
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.
The Millennial’s Six-Step Guide To Financial Independence
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.
Does John Oliver Know Anything About Debt Collection?
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.
Stop Being Ashamed Of Your Money Problems And Fix Them
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.
Nobody Cares About Federal Debt, But It Cares About Us
This year’s election reveals a bipartisan commitment to ignoring the national debt—until it becomes a crisis.
Has Congress Gone Deaf On Deficits?
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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