by Contributing Author | Mar 11, 2024 | Headline News
This article was originally published by Leslie Rubin and Daniel J. Mitchell at the Foundation for Economic Education. The United States is in fiscal trouble. The burden of government spending has increased by nearly $3 trillion over the past 10 years—nearly doubling...
by Mac Slavo | Jun 12, 2019 | Headline News
An American teenager fled the country in 2011 to avoid repaying student loans he took out to complete a college education. This isn’t the first time this has happened, and it certainly won’t be the last. Stories of crippling student loan debt are not new,...
by Mac Slavo | Jun 6, 2019 | Headline News
Auto loans have hit a new record, and it’s not a good sign in an economy that’s so volatile. Consumers’ monthly auto payments have hit a new all-time high too. People buying new vehicles continue to push the envelope, borrowing more and, on average,...
by Mac Slavo | May 20, 2019 | Headline News
For nearly half of Americans in the workforce, financial disaster would occur from missing just one paycheck. As people continue to live above their means, if the worst happens and they lose their job, many would fall back on dangerous options to make ends meet...
by Mac Slavo | Apr 30, 2019 | Headline News
Consumer spending rose .9% in March netting an overall positive response from the mainstream media, with many reports now calling recession fears unfounded. But consumer credit card debt also rose to all-time highs again, meaning people borrowed the money they spend...
