Month: March 2023

Haley blasts both Democrats and fellow Republicans, including Trump, over exploding national debt

‘Republicans and Democrats … always seem to work just fine when they’re spending your money,’ Haley said PALM BEACH, Fla. – Nikki Haley blamed President Biden and Democrats as well as also her one-time boss and current rival for the 2024 Republican presidential nomination, former President Donald Trump, over massive government spending. In a speech Saturday to […]

Biden says he cut national debt by $1.7T — when he actually increased it by $3.84T

President Biden wrongly claimed Tuesday that he slashed the national debt by $1.7 trillion — despite increasing it by about $3.84 trillion over his first two years in office. The 80-year-old president made the error — apparently as a result of confusing the terms “debt” and “deficit” — while bashing House Republicans as irresponsible for demanding […]

This Is Why Government Debt Is Actually Important

It wasn’t so long ago that some experts said not to worry about government debt, that a country like the U.S. with debt in its own currency had little concern. That was the Modern Monetary Theory (MMT) take, at least. An economic thesis for a reality that included social issues, politics, and the messy emotional […]