The basis of our government being the opinion of the people, the very first object should be to keep that right; and were it left to me to decide whether we should have a government without newspapers, newspapers without government, I should not hesitate a moment to prefer the latter.
– Thomas Jefferson, Letter to Colonel Edward Carrington [1787]
HORNBERGER'S BLOG
January 24, 2023
How the Constitution Constrained Federal Spending and Debt
Given that the debt-ceiling debate is likely to continue for a few months, examining the Constitution provides us with the reasons our nation has been plunged into this monetary morass. Federal officials have now run up the federal government’s debt to more than $31.5 trillion. That’s a lot of money. And it’s also a lot of interest payments. Too much debt ...
The Newest Debt Ceiling Circus
by Jacob G. Hornberger and Richard M. Ebeling
What is the situation on the newest debt ceiling circus? Hint: the purse strings are not tight. ...
The Conservative Cradle-to-Grave Welfare State
by Laurence M. Vance
Although conservatives are commonly characterized as being against welfare and government intervention in the economy, nothing could be further from the truth. But don’t ...
Cross Border Crises
by Jacob G. Hornberger and Richard M. Ebeling
What will be the consequences of the meeting between Presidents Biden, President Obrador of Mexico, and Prime ...