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Tag Archives: congress
The Big Government Show Must Go On
The real State of the Union – the one President Trump omitted from his address – is a state of impending doom brought on by 50 years of relentless debt accumulation. Day after day, week after week, month after month, year after year, the federal government has spent more than it takes in. Now the debt has piled up past the point of no return; there’s no longer an expedient way to reverse course. Continue reading
Posted in Government Debt, MN Gordon
Tagged collapse, congress, currency, default, state of the union address
15 Comments
Washington’s Latest Match Made In Hell
The recent mid-term election demonstrates that the American populace wants the more abundant life to be given to them via the highly visible hand of big government. For example, 29 year old Alexandria Ocasio-Cortez was recently elected to the House of Representatives from New York’s 14th district. Continue reading
Posted in MN Gordon, Politics
Tagged alexandria ocasio-cortez, congress, government meddling, green new deal, paul krugman
1 Comment
To Hell In A Bucket
“No one really cares about the U.S. federal debt,” remarked a colleague and Economic Prism reader earlier in the week. “You keep writing about it as if anyone gives a lick.” We could tell he was just warming up. So, … Continue reading
Posted in Government Debt, MN Gordon
Tagged collapse, congress, debt, default, speed of light, speed of sound
15 Comments
Calling Mitch McConnell’s Debt Ceiling Bluff
Senate Majority Leader Mitch McConnell woke up on the wrong side of the bed on Monday. Who could blame him? His summer vacation’s been ruined. President Trump’s been riding him all month like a pack mule. What’s more, on Monday … Continue reading
Posted in Government Debt, MN Gordon
Tagged congress, debt ceiling, mitch mcconnell, poker, president trump
8 Comments