interest payments Archives - The Tea Party Economist

Shrink the State. End the Fed. Balance the budget. Make a profit. Leave an inheritance.

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Deficit in Social Security Escalates

Written by Gary North on August 13, 2012

The media are slowly beginning to admit that Social Security is running a deficit. I first announced this in early 2010 in my video, Retirement Armageddon. It’s posted here. This information was ignored. Not now. A recent story in the Washington Post began with this: WASHINGTON — Now that Social Security is paying more in […]

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Will Your Child Be A Boomerang College Graduate Like This One?

Written by Gary North on July 19, 2012

Here is a horror story. “I took out private loans because I did not know any better. I went to a public university but my tuition did not cover my room, board and other things that I needed for school. By the time my grace period was over, I owed so much. I do have […]

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