Marc Joffe is a state policy analyst at the Cato Institute.
No, the United States Has Not Always Paid Its Debts
There are five instances of the Treasury defaulting on the debt.
There are five instances of the Treasury defaulting on the debt.
A Chavez-style socialist is the leading contender to become the nation's next president.
Puerto Rico is temporarily free from Buy American restrictions on crucial protective medical gear thanks to FEMA.
The island's population has fallen dramatically even as Spanish speakers from other nations are desperate for a new home.
And the biggest liabilities don't even appear on the official balance sheet.
The administration's spending blueprint continues the fiscal decline that began during the Bush era.
The pharmaceutical market is anything but free at present.
There is greater danger in not engaging Vladimir Putin.
Debt relief and privatization are the only ways to fix its fiscal mess.
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