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DeVos Confirmed: Everything They Said about Her Is False
fee.org > articles > devos-confirmed-everything-they-said-about-her-is-false
James Agresti | Tuesday, February 7, 2017They tried to stop her, but Betsy DeVos has just been confirmed as the new Secretary of Education.
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A Look Inside Bernie Sanders’s Education Plan
fee.org > articles > a-look-inside-bernie-sanderss-education-plan
James D. Agresti | Saturday, June 8, 2019Presidential candidate and U.S. Senator Bernie Sanders portrays the U.S. education system as grossly underfunded and racially biased, but the statements he makes to support these notions are misleading or explicitly false.
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Trump Actually Isn’t the First to Threaten Default on US Debt
fee.org > articles > trump-isnt-the-first-to-threaten-default-on-the-debt
Caroline Baum | Tuesday, May 10, 2016Donald Trump threatens to default on the national debt, and everyone loses their minds — but when the actual president threatens it…
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Contradicting Keynes: Bernanke’s Debt Default Scare
fee.org > articles > contradicting-keynes-bernankes-debt-default-scare
James C. W. Ahiakpor | Wednesday, September 21, 2011Federal Reserve Chairman Ben Bernanke’s remarks last summer about the debt limit and risk of default amounted to a stunning contradiction of Keynes and Keynesian economics. But few seem to have noticed. In response to questions by U.S. Senator Jack Reed (D-RI), Bernanke joined in the chorus of those predicting skyrocketing interest rates in the […] -
Questioning the Back-To-School Default
fee.org > articles > questioning-the-back-to-school-default
Kerry McDonald | Friday, August 9, 2019Back-to-school time is upon us. Schooling is the default, the societally expected thing to do. But it may not be better—for you, your child, or the world you could help to create.
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Default in the Future
fee.org > articles > default-in-the-future
Sheldon Richman | Friday, July 1, 2011An economist makes a persuasive case that the powers that be will decide a default on the government’s debt is the best available alternative. -
Default … or Renege?
fee.org > articles > default-or-renege
Sheldon Richman | Saturday, July 30, 2011Via Don Boudreaux, Roger Garrison notes that one cannot choose to default. As he wrote to Boudreaux: You mention, though, that the government could “choose to default.” Well, if default means that you’re unable to pay, then “choosing to default” must mean that you “choose to be unable to pay.” Hey, that really does sound […] -
Social Security Has Been Swelled, Not Looted.
fee.org > articles > social-security-has-been-swelled-not-looted
James D. Agresti | Tuesday, June 26, 2018Social Security is not a savings plan but a government social program that provides benefits to the aged and disabled mainly by taxing people who are working. Some upshots of this reality are that certain people get nothing from Social Security after paying taxes for their entire working lives, while others receive far more from the program than they pay in taxes.
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U.S. Default Would Not Be Unprecedented
fee.org > articles > us-default-would-not-be-unprecedented
Sheldon Richman | Friday, July 29, 2011Why do the media and politicians persist in saying the U.S. government has never defaulted on its “obligations” before? It most certainly has. Marc Joffee, a consultant in the credit assessment field, writes in “Correction: The US Has Defaulted Before and It Can Default Again”: One troubling aspect of the political debate over the debt […] -
Default Not Inevitable
fee.org > articles > default-not-inevitable
Sheldon Richman | Wednesday, July 27, 2011Freeman columnist Don Boudreaux puts the “default” scare into perspective in an op-ed in The Daily. Choice quote: After paying creditors [in August], the government will have $87.8 billion on hand in ready cash in August to spend on its myriad programs — such as Social Security, wars in the Middle East, subsidized farming and maintaining […]