We’re now seeing divergence.
Daily Analysis
Everything You Need to Know about the National Debt
How and when debt matters
ECB and IMF Studies Show Spending Caps Are the Ideal Fiscal Rule
More evidence from unlikely sources.
Plenty of Waste at the Pentagon, but America’s Big Fiscal Problem Is Domestic Spending
What share of the budget goes to different types of spending.
Yes, Starve the Beast
Or don’t feed the beast.
Biden’s “Stimulus” Failure
The orgy of new spending resulted in this.
Hopes and Fears for 2022
It’s good to begin a new year with optimism
Best and Worst News of 2021
An annual tradition continues.
The Two Most Important Things to Understand about Biden’s Budget
The big issue that should be getting more attention.
The Economics of Tax-Financed Spending vs. Debt-Financed Spending
We have to figure out how to restore the nation’s finances.