Tag: debt
Shouldering more than $1.5 trillion in debt, majority of young Americans...
Sixty-nine percent of young Americans support a single-payer healthcare program like Medicare for All, while 66 percent back government-funded college tuition.
Canceling student debt could be the answer to growing the economy
Overall, if these 44 million Americans were debt free, it would promote consumer spending and grow every sector of the U.S. economy.
Zombie Economy – Living Bubble
“The income and wealth inequality is the worst since the Great Depression. In 2015, the Top 1% earned 22% of all income earned in the U.S.”
Interest on the Debt Is Near a Post-War Low
It is also worth noting that we actually could buy back debt at a discount if interest rates rose.
If I Were the American Dictator
“The overall composition of Congress is not going to change much at all after the election. So, really, the only way to reboot America is to have a smart, benevolent dictator.”
The Economic Tsunami Gathering Momentum Off the Shores of America
Our government is a dysfunctional, corporate-ruled mess with a massive debt that has gotten out of control. “A massive tsunami, a mega-powerful financial tidal wave, is growing in intensity off the shores of America” and only we can stop the chaos that seems inevitable.
America Being Crushed by a Mountain of Escalating Debt
The U.S. and its citizens are inundated with massive debt as a nation, government, and society. It seems like an impossibility to get this issue under control, especially when a majority of funding goes directly to endless wars.
Debt Buyers Bury Hard-Hit Consumers in Lies
Millions of Americans have been hit hard and now find themselves swimming in consumer debt. A new scam has 1 in 7 struggling adults in the U.S. under pursuit by debt collectors. These predator corporations are ending any hope of recovery.
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Pentagon seeks $200 billion for Iran war as costs surge and Congress pushes back
Lawmakers question the scale, legality, and strategy of a massive funding request as troop deployments expand and the conflict shows signs of escalation.
Balanced budget amendment would put Social Security, Medicare, and core public services on the...
The proposal would make revenue increases extraordinarily difficult while allowing tax cuts to pass more easily, shifting pressure onto widely used federal programs.
Scale raises the ceiling, but fiscal foundations determine whether autocracy or democracy prevails
The implication is stark: democracy is not only a constitutional or ideological arrangement; it is fundamentally a fiscal one.
State Department purge left US exposed as Iran war sent energy prices soaring
Internal layoffs removed the very officials who would have modeled oil supply disruptions, coordinated with Gulf energy partners, and prepared for retaliatory strikes as war with Iran drove gas and crude prices sharply higher.
The Paris Prelude: Why the US and China are moving toward a Cold Peace
Nuanced engagement is an improvement over chaotic confrontation.