Deficits, Republicans, and the Inevitable Great Default

Written by Gary North on June 5, 2012

When Reagan accepted $200 billion-a-year deficits, beginning in fiscal 1983, he ended Republican opposition to big spending and huge deficits. Today, Republican Congressmen occasionally talk tough on spending, but then they vote for programs that guarantee a huge, never-ending federal deficit. They know that hardly anyone back in the district will track their votes. They […]

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$2,500 Per Year Per Car for Gasoline

Written by Gary North on May 2, 2012


I recently filled my gasoline tank. It came to $75. I drive a Toyota minivan. It gets about 20 miles to the gallon on average. I don’t drive it on the road for long trips often. My 1993 Dodge minivan gets better mileage. A wife in the United States drives about 1,000 miles a month. […]

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