by Jane Richey | Nov 30, 2012 | Fiscal Responsibility, Politics
The federal government has now borrowed more money during Barack Obama’s time as president than it did in the period lasting from the time President George Washington took the oath office until July 2, 2001, more than five months into the first term of President...
by Jane Richey | Nov 29, 2012 | Fiscal Responsibility, Politics
The U.S. Treasury Department website states that voluntary contributions to pay down the national debt in fiscal year 2012 reached a record amount of $7.7 million, which is 0.00005 percent of the total national debt of $16,309,738,056,362.44, or approximately $16.3...
by Jane Richey | Nov 5, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Politics
If Americans under the age of 18 were required as a group to pay off the entirety of the federal government’s debt in equal shares, each would now need to pay about $218,676. That is more than the $130,468 average price tag for four years at a private college or the...
by Jane Richey | Jul 16, 2012 | Politics
As we all know, there are so many effects that abortion has on our society and the whole world. What seems to be overlooked is how abortion can hurt the economy. People make the mistake that abortion is solely a moral issue, and therefore cannot be related to the...
by Jane Richey | Jul 16, 2012 | Fiscal Responsibility, Politics
George Washington told the House of Representatives in 1793: “No pecuniary consideration is more urgent than the regular redemption and discharge of the public debt; on none can delay be more injurious, or an economy of the time more valuable.” Washington also wrote...