There is no sign that either the Trump administration or congressional Republicans get it.
— Read on www.nationalreview.com/2018/07/trump-budget-deficits-growing-big-spending-fiscal-irresponsibility/
More of the same in that regard. The best way to get rid of the swamp is to D find it. Can you doing
According to financial writer Simon Black, the federal government is spending approximately 52,000 dollars per second. This, not last year’s tax cuts, is the reason why the national debt has reached a record 21 trillion dollars, which is more than America’s gross domestic product (GDP).
— Read on mises.org/wire/spending-our-way-fiscal-crisis
House Speaker Paul Ryan and Senate Majority Leader Mitch McConnell (Screen Capture)
— Read on www.cnsnews.com/news/article/terence-p-jeffrey/feds-collect-record-individual-income-taxes-through-june-still-run
They always spend more than they take from us.
I’ve spent several weeks explaining why I think excessive debt is dragging the world economy toward an epic crash. The tracks ahead are clear for now but will not remain so.
— Read on www.mauldineconomics.com/frontlinethoughts/the-debt-train-will-crash
It will
In 3 Days, the Last Toys ‘R’ Us Stores Die. And PE Firms Behind it? | Wolf Street
— Read on wolfstreet.com/2018/06/25/in-3-days-the-last-toys-r-us-stores-will-die-pe-firms-that-owned-it-are-under-intense-scrutiny-by-public-pension-funds-that-feed-them/
Follow the money
House Republicans on Tuesday proposed slashing trillions of dollars from the federal budget over the next decade, aiming to reach balance in nine years largely through limiting the growth of entitlements such as Medicare and Medicaid.
— Read on www.washingtontimes.com/news/2018/jun/19/house-budget-plan-slashes-8-trillion-spending/
The debt is a menace to our economy and our freedom
How the ECB Helped Spain “Recover” Faster than Italy from the Crisis | Wolf Street
— Read on wolfstreet.com/2018/06/20/how-the-ecb-helped-spain-recover-faster-than-italy-from-the-crisis/
Reliable sources are reporting that the European member states are going to rush out debt to try to lock in the low-interest rates before they start to rise and the ECB is still buying very aggressively. We are likely to see new issues of debt to increase before the ECB stops buying.
— Read on www.armstrongeconomics.com/uncategorized/euro-members-to-increase-debt-before-the-ecb-stops-buying/
The EU as a political construction is in a state of terminal decay. We know this for one reason and one reason alone: its core principle is the state is superior to its people.
— Read on mises.org/wire/eu-rotting-and-its-banks-are-insolvent
Next Mortgage Default Tsunami Isn’t Going to Drown Big Banks but “Shadow Banks” | Wolf Street
— Read on wolfstreet.com/2018/06/17/next-mortgage-default-tsunami-isnt-going-to-drown-big-banks-but-shadow-banks/
John Barleycorn 
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