The Great Ponzi Scheme

The Great Ponzi Scheme

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...
America’s Debt Crisis: People Are Maxed Out

America’s Debt Crisis: People Are Maxed Out

Americans are largely maxed out when it comes to the amount of debt they have accumulated. Americans had surpassed a combined total of over $1 trillion in credit card debt back in August. Three months later, the balance had already gone up an additional $48 billion....