Debt versus Deficit-July 23, 2019

It is not easy to find truth in “economics.” But one truth, that the media frequently gets wrong, is the difference between “debt” and “deficit.” “Deficit” is the amount the government loses in one year, while the “debt” is the total amount the Government owes its creditors, mostly Government bond holders. The Government has actually …

Democratic Socialism

This blog is actually more about “Communism.” While I was in high school, Communism was officially outlawed in the United States, while Socialism was not outlawed, Also, liberals, liberals, and democratic socialists are also actually communists. When you have big government, government control, and redistribution of wealth, you have the essentials of Communism. Since we …

Today’s News, July 17, 2019

As the expression goes, “No news is good news.” Although all news outlets are filling the day with verbiage, most of the information is “old,” not “new.” Should I call it the “Olds” rather than the “News?” For instance, the Steele Dossier (or Trump Dossier) has been around since 2016, almost everything in it is …