Lower the Debt Ceiling
If Congress passed legislation that systematically reduced the debt ceiling over time, the economy could be rebuilt on a solid foundation.
If Congress passed legislation that systematically reduced the debt ceiling over time, the economy could be rebuilt on a solid foundation.
Despite the handwringing and lectures from Geithner and his accomplices, there is no need to raise the federal debt limit. The US government already spends an obscene amount of money every month, and this could easily be scaled back to the current inflow of tax receipts.
The way to become an expert is as follows: don’t challenge the prevailing orthodoxy of the institution; learn the history, underlying princip
As interviewed by Mac McDowell on the “Boiling Point” radio program, 92.5 FM in San Antonio, Texas. Recorded 21 May 2011.
The balanced budget passed away definitely in 1911, not to return again until a revolution had swept from the people of Italy their freedom, writes
The balanced budget passed away definitely in 1911, not to return again until a revolution had swept from the people of Italy their freedom.
When the Civil War closed, the revenue acts that had been hastily passed during its course constituted a chaotic mass, writes F.W. Taussig.