Taxes
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No Way To Fly Out Of This Box Canyon
At some point soon – because of the unending spending and mounting U.S. debt – there will be the largest financial crisis the world has ever seen, because the U.S. government’s debts are the foundation of the entire world’s system of trade, banking, and finance.
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This Only Ends One Way: Hyperinflation And War
President Trump managed to both raise taxes and grow the deficit at double-digit rates. That’s the worst possible outcome, Porter writes today. The president’s budget harms the economy and doesn’t do anything to reduce the risk of a financial collapse – it makes it more likely!
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The Real Lesson Of Antietam
In the future, historians will date the beginning of America’s Second Civil War to the fall of 2025 – in part because of the shootings of Donald Trump and Charlie Kirk, but also because of the big lie around Social Security.