Experts don’t have much hope of reversing the nation’s fiscal decline.
Daily Analysis
German Government Endorses European-Wide Spending Caps
This is remarkable.
The Optimistic Case for Spending Restraint
All that is necessary is a modest amount of spending restraint.
Social Security’s $60 Trillion-Plus Problem
Spending is pulling away from revenue.
Understanding Keynesian Economics
Keynesianism has a history of failure when looking at real-world evidence.
More Evidence for Switzerland’s Spending Cap
The US needs a spending cap modeled after Switzerland.
The Most Important Thing to Understand about Biden’s New Budget
The goal should be reducing that burden, regardless of whether it is financed with taxes, borrowing, or printing money.
Deficit Spending and Inflation
When governments finance deficits by having central bank create money there is every reason to expect inflation.
The European Commission Just Recommended Economic Suicide
Most of its 21 recommendations endorse and embrace new and expanded entitlement.
Biden and Trump Should Learn from Sweden’s Social Security Reform
Sweden’s social security system is good for both workers and taxpayers.