Politics

America Doesn’t Have a Debt Problem. It Has a Political Problem. 

 Executive Summary  Introduction  With 9 out of 10 Americans concerned that rising debt is driving up the cost of living, the needed reforms seem greatly out of reach as Congress battles harsh partisanship and political imbalance. As public debt exceeds $31.99 trillion and annual budget deficits approach $2 trillion, concerns about the nation’s long-term fiscal … Continue reading

Economy / Fiscal Cliff

Why Young Americans Must Turn from Government Intervention and Reform Entitlements

Executive Summary   Introduction   The national debt is fundamentally a generational issue. Running large budget deficits to finance tax cuts or spending increases today places an undue burden on younger and future generations. By borrowing more today, policymakers are effectively promising higher taxes and lower spending on future taxpayers and government beneficiaries. At the very least, younger and future generations will see interest … Continue reading