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The Trillion Dollar Coin

I don’t know when I first heard of this, the minting of a single trillion dollar coin to avoid the debt ceiling, but it struck me as absurd then, and I’ve not changed my mind since. No good can come from this idea. There are questions as to whether it’s even legal. To add to [...]

Raising the Debt Ceiling

The national debt is currently $14 trillion dollars, give or take. That’s nearly $45,000 for every man, woman, and child in this country. And this debt is growing so fast that within a few months it will exceed the amount authorized by congress, $14.29 trillion. Now you know.