The nation’s debt has reached a symbolic milestone. With gross domestic product of roughly $15 trillion, and total debt of $15.23 trillion, $15,000,000,000,000 that’s how many zeros in 15 trillion. Our total debt is now bigger than our economy, as USA Today noted. What’s more, the Obama administration’s projections put our debt at more than […]

The harsh spending cuts introduced by European governments to tackle their crippling debt problems have not only pitched the region into recession — they are also being partly blamed for outbreaks of diseases not normally seen in Europe and a spike in suicides according to the AP. The report goes on to say that the […]

So finally, the Senate passes a budget. (Wall Street Journal) How is it possible to run a country without a budget?  Well, simple really, the government doesn’t have to play by the same rules you and I do.  Can you imagine if you just didn’t keep track of your finances for four years?  Just continue […]