Tag: Budget Deficits
Who Owns $21.5 Trillion of the U.S. National Debt?

The U.S. national debt has nearly reached $22 trillion, rising by nearly $500 billion since the U.S. government’s 2018 fiscal year ended on September 30, 2018.

Polarizing Ideology

With polarization has come intolerance: people abandon their friends and family when they seem to have the wrong political views.

U.S. Cities at Long Last Begin Grasping the Benefits of Privatization

Facing a budgetary shortfall of between $56 billion to $86 billion over the next two years, a recent article in the Wall Street Journal by Tamara Audi (“Cities Rent Police, Janitors to Save Cash”) documents efforts by municipalities across the nation to stanch red ink by outsourcing the “public” services they no longer can...
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Too Close for Comfort

When Franklin D. Roosevelt was campaigning for reelection in 1936, his opponents began to call attention to the president’s failure to keep the promises he had made while campaigning for election in 1932. Roosevelt had promised, among other things, that he would balance the budget, yet in the fiscal years 1934, 1935, and 1936, which...
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