Many conservatives and supply siders seem to think we can grow out of massive debt problems but that is not the case. Even if we achieved economic growth of 3% instead of our current average since 2010 at 2% that will cut the deficit by $3 Trillion over the next decade. That sounds all nice but we will still be adding another $9 Trillion to the debt over that same decade! Entitlements need to be addressed if we want to get serious about our debt issues. Unfortunately for us, the politicians out there will take the easy way out by destroying the value of the currency via inflation.
Capitalism today is seen as a bad word but this is because what people see as capitalism is really crony capitalism! This is what we need to change in people’s minds! This is not how capitalism really is! Capitalism is about exchanging value for … [Continue reading]
The crisis in Venezuela just continues to get worse. Riots have been going on for 2 months now and protestors have taken down a statue of Hugo Chavez. The crisis continues to get worse as the government continues to take more and more control. … [Continue reading]
April 29th marked President Trump’s 100th day in office. The importance of the first 100 days is stressed day in and day out in the media but what’s to make of Trump’s presidency thus far? Some libertarians were enthusiastic supports of President … [Continue reading]
American Airlines now has its own incident and I don’t see the news headlines for this one like we saw with United. An employee of American Airlines hits a woman with a stroller while me pulls it out of her hands and the stroller almost hits the … [Continue reading]