Managing the Budget – Deficit through a thousand leaks

The federal budget is out of control and neither party seems willing or able to do something about it. Nevertheless something needs to be done before the current course – endless borrowing while the Federal Reserve prints money indefinitely – results in a dollar panic, runaway inflation and the collapse of U.S. credit. There is a way out of the current predicament. The present situation has two main drivers. Ideological partisanship The established parties are driven by ideological Read More …