As the United States grapples with a growing national debt, Congress finds itself at a critical juncture. The urgency to restore a credible expectation that emergency borrowing will be accompanied by years of consistent and manageable primary surpluses has never been more pressing. In recent years, the national debt has surged to unprecedented levels, raising … Read more
Recent developments surrounding former President Donald Trump’s attempts to remove a member of the Federal Reserve Board, specifically Lisa Cook, have sparked interest and speculation in political circles. While the outcome remains uncertain, there are several reasons to believe that Cook may retain her position in the short term. Firstly, Cook’s appointment was historic, marking … Read more
The conversation surrounding poverty alleviation in the United States often turns to the concept of Universal Basic Income (UBI). While the idea of providing a guaranteed income to all citizens is intriguing, it is essential to critically assess its effectiveness and practicality in addressing the complex issue of poverty. Universal Basic Income is not a … Read more
The national debt of the United States has recently surpassed a staggering $37 trillion, a figure that raises significant concerns about the country’s financial future. While the implications of this monumental debt are complex, the solutions to address it are straightforward, albeit politically challenging. At its core, the national debt represents the total amount of … Read more