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It Took 211 Years to Borrow $2.3 Trillion. Congress Just Did It in Twelve Months.
It Took 211 Years to Borrow $2.3 Trillion. Congress Just Did It in Twelve Months.

$2,307,765,598,614.61. That’s how much the national debt grew by in fiscal year 2026, which just ended last week on September 30. $2.3 trillion in a single year is clearly and obviously runaway debt growth; think about it— the entire national debt didn’t reach $2.3 trillion until 1987. By then the

Canada’s plan to balance the budget: change the definition of ‘spending’
Canada’s plan to balance the budget: change the definition of ‘spending’

It was a big week for creative problem-solving. Britain fixed a failed government energy company by starting a second, Canada is balancing its budget by renaming the spending, and Boston paid $335,000 to call itself racist and failed. Here are a few of the most absurd stories in case you

The totalitarian regime offering cheap, cutting-edge cancer treatment
The totalitarian regime offering cheap, cutting-edge cancer treatment

Michael Walters had just started his first full-time job out of university when he was diagnosed with non-Hodgkin lymphoma, a blood cancer. His doctors in Auckland, New Zealand, tried several rounds of chemotherapy, radiation and immunotherapy. None of it worked. Then they told him about CAR-T, a treatment that takes

The vigilantes are coming for Congress
The vigilantes are coming for Congress

Eight years ago in the summer of 2018, an automated monitoring system at the US government’s Social Security Agency flagged a questionable transaction and immediately forwarded it to a human worker at the agency to investigate. It took more than a year for a Social Security employee to look into

Paramount showed the perfect way to think about a Plan B
Paramount showed the perfect way to think about a Plan B

Earlier this year, Paramount agreed to buy Warner Bros. for $110 billion. As with any merger that size, the US Justice Department reviewed it to make sure it wouldn’t hurt competition or consumers. Federal regulators approved the deal a few months later, and that should have been the final hurdle.

The UN’s bankruptcy can’t happen fast enough
The UN’s bankruptcy can’t happen fast enough

Every September, world leaders take turns at the podium of the United Nations General Assembly in New York and give pointless speeches. If they really cared about CO2 emissions, they’d skip the event entirely, because the only thing coming out of their mouths is lies and hot air. But a

Xi Xinping said America is finished. Congress, take the hint!
Xi Xinping said America is finished. Congress, take the hint!

Chinese President Xi Jinping landed at Joint Base Andrews Wednesday for a three-day state visit, and Donald Trump was waiting for him at the foot of the red carpet. That’s highly unusual. US presidents typically receive foreign leaders at the White House. In fact, with the exception of popes, no

America Keeps Threatening the Lenders It Can’t Afford to Lose
America Keeps Threatening the Lenders It Can’t Afford to Lose

Late last week, Congress and the White House established a new law authorizing the President to impose tariffs of up to 100% on any country that ranks among the five biggest buyers of Russian oil or gas. This law had broad, bi-partisan support and passed by a whopping 86-11 margin

China Needs a Time Machine. America Just Needs a Pen.
China Needs a Time Machine. America Just Needs a Pen.

Song Jian was very good at math. He was one of China’s top missile scientists, and his specialty was the equations that steer a rocket to its target. In 1978 Song traveled to Helsinki for an engineering conference, where he came across researchers applying the same kind of math to

Sometimes This Time Really Is Different
Sometimes This Time Really Is Different

Some time in the middle of the second century AD, on the shores of the extremely picturesque Lake Iznik in modern-day Turkey at the site of the ancient city of Nicaea, a boy named Cassius Dio was born into a locally prominent family. His father was a Roman politician, his

Some People Just Want to Go to a Concert
Some People Just Want to Go to a Concert

Ed Sheeran played his hit song “I Don’t Care” on his recent tour stop at MetLife Stadium in New Jersey. By the time he sang it, the crowd had already been told that not caring wasn’t an option. His opening act was the rapper Macklemore, who used his set to

Doing the math: interest expense is going to $2 trillion annually
Doing the math: interest expense is going to $2 trillion annually

It was January 2000. AOL had just announced it was buying Time Warner in what was then the biggest merger in history. Fourteen dot-com companies had bought Super Bowl ads, one of them starring a sock puppet that sold dog food. The US economy was growing at one of its

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