America’s Debts: Even More Calamitous Than We

By Dr. Mark W. Hendrickson Brace yourself. This isn’t going to be pleasant. If you’re in a bad mood or get easily upset, you may wish to pass on reading this article. The country is in even worse shape economically than we thought. We awoke on Feb. 14 to find that this year’s federal budget deficit is going to be larger than previously projected—a record $1.65 trillion. Recently, the official accumulated debt of the federal government passed the $14 trillion threshold. A trillion is a ... Full Story