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Posts Tagged: “Future Generations“
US Budget Crisis Will Impoverish American Families
Amid record tax receipts, the U.S. still faces a dire fiscal future, with deficit spending predicted to climb from $1.9 trillion in 2024 to a staggering $2.8 trillion by 2034. This unsustainable financial trajectory threatens to cripple the economy with higher taxes, stunted growth, and a devalued currency. The overwhelming debt burden will be passed […]
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Ten Recurring Economic Fallacies, 1774–2004
In a compelling guest piece by American historian H.A. Scott Trask, various economic myths are scrutinized and debunked through insightful historical analysis. The article delves into #10 prevalent misconceptions, providing a nuanced understanding of economic principles. Similar to other reality-based historians, Trask’s perspective serves as a valuable guide in dispelling lies and fostering a more […]