by Daniel White | Feb 6, 2023 | Economy
February 6, 2023 The U.S. debt ceiling is the maximum amount of money the government can borrow via issuing bonds. It is intended to maintain fiscally responsibility. But as it is today, the debt ceiling makes little sense. See, the government already hit the ceiling...
by Daniel White | Oct 24, 2022 | Economy
October 24, 2022 We see a lot of comparisons between what’s happening today and what occurred in the 1970s because it was the last time consumer price inflation was anywhere near this high. But unless you were around (and probably driving) back then, it might go...
by Daniel White | Oct 3, 2022 | Economy
October 03, 2022 President Biden’s student loan forgiveness plan wipes away $10,000 or $20,000 per student, depending on the type of loan, for people making $125,000 or less ($250,000 or less for married couples). It’s estimated to cost at least $400 billion but will...
by Daniel White | Feb 1, 2021 | Economy
February 1, 2021 For many reasons, 2020 won’t soon be forgotten. But it stood out in history because five events occurred that we’ve never encountered and may never see again (though nobody knows the future). Economic Whirlwind The decline in U.S. gross domestic...
