The national debt is at an all-time high of around $16 trillion. That’s scary enough. But it turns out that number is just piercing the surface. If you include all the unfunded federal obligations to Social Security and Medicare it would add up to near $116 trillion!
Midterm elections are fast approaching. Here’s what makes midterms unique and what you can expect to see as November nears. 1. Low Turnout Voter turnout during non-presidential election years is traditionally low. The presidential election usually brings out between 55-65% of registered voters. Midterms, however, generally see only 40% of registered voters. This is not…
Photo by U.S. Army Corps of Engineers Los Angeles District 1. CBP spent 4.6 million to buy luxury homes for border agents A new Inspector General report has found that US Customs and Border Patrol spent more than $600,000 each on houses that were priced nearly seven times higher than market value. The homes, which…
Photo by mbs120898 10. Thomas Jefferson President Jefferson was publicly accused of fathering the children of his slave Sally Hemings, by journalist James Callender (who had also publicized Alexander Hamilton’s affair) in the Jefferson–Hemings controversy. Hemings was the half-sister of Jefferson’s wife Martha, and based partly upon DNA evidence, there is now a scholarly consensus…
Photo by agrilifetoday 1. Your taxes will go up drastically We often hear about Scandinavian countries as some kind of a model of health care distribution. Let’s look at the example of Norway. The average Norwegian household pays roughly $70,000 per year in tax. The vast majority of taxes go toward financing the country’s health…
There’s a lot of talk about money in politics. As we have previously discussed, a lot of the concern is misplaced or based on misconceptions. The urge to construct more laws to make things fairer is a popular one among Americans. The idea is that more regulation will stem some of the money flowing into…
Every election cycle the calls will be heard: Americans demand a third party! The two party system has to go! Only they really don’t want a third party and American politics will always be dominated by two major parties. First, let’s set the record straight. There are more than two political parties in the United…