Student Loan Debt Bomb: 3 Shocking Truths about How the Government Caused a Crisis – and is Making it Worse

Craig Huey Economics, Government, Congress, and Politics Leave a Comment

What used to be a minor inconvenience for college graduates – paying off their college student loans – has now become a full-blown crisis… Nationwide college student loan debt has soared from $517 billion in 2006 to over $1.5 trillion this year … a 300% increase in 12 years! Put another way, college student loan debt is more than 1/3 …

The Amazing Job and Wage Machine: 5 Things About Today’s Current Economy That You’ll Never Hear in the Media

Craig Huey Economics 1 Comment

There’s been an incredible turnaround in the economy since the beginning of 2017. The secret to this growth is what President Trump and the Republican Congress have done: They have dramatically lowered taxes. They have dramatically decreased regulations. It was the taxes and regulations that killed the economy under President Obama. Here are 5 things you should know about today’s …

8 Little-Known Reasons the Politicians are Dead Wrong: How the Minimum Wage is Hurting the Poor, the Middle Class and Job Creators

Craig Huey Economics Leave a Comment

The politicians … the media … Facebook … It’s a constant, loud cry to raise the minimum wage… They claim it’s necessary to help the poor and to prevent poverty. But there are 8 little-known reasons why they are dead wrong. Raising the minimum wage is the worst possible thing you can do for the poor … and for everyone. …

Why America Is Going Broke: 7 Surprising Facts About the Out-of-Control Federal Deficit

Craig Huey Economics 4 Comments

The federal deficit is big … and getting bigger. The omnibus spending bill President Trump recently signed will generate a deficit of nearly $900 billion this year … and nearly $1 trillion next year. By the end of FY 2018 – September 30th of this year – the gross U.S. federal government debt is estimated to be $21.48 trillion… And …