Unfortunately, the only real long-term solution to this is genuine fiscal austerity and debt repudiation.
Original article: https://mises.org/mises-wire/japans-price-inflation-rises-its-central-bank-has-fewer-options
Audio Mises Wire - Get the US Out of the Middle East
Hamas‘s invasion of Israel happened despite decades of US intervention and spending in favor of Tel Aviv. Yet, this ongoing conflict has nothing at all to do with the safety and security of the United States itself. It's time for the US to get out.
Original article: https://mises.org/mises-wire/get-us-out-middle-east
Audio Mises Wire - Interest Paid on the US Debt Soars, and Trump Pushes for a New Costly War
During 2024 taxpayers were on the hook for $1.13 trillion in interest on the debt. That’s nearly $7,400 for each of the 153 million people who file tax returns.
Original article: https://mises.org/mises-wire/interest-paid-us-debt-soars-and-trump-pushes-new-costly-war
Audio Mises Wire - Employed Workers Dwindle and Full-Time Jobs Fall as the Fed Readies More Easy Money
In November, employed workers flatlined yet again as full-time work dropped for the tenth month in a row. Naturally, the Fed plans interest rate cuts.
Original article: Employed Workers Dwindle and Full-Time Jobs Fall as the Fed Readies More Easy Money
Audio Mises Wire - Slash Military Spending: “Defense” Budgets are Bigger than Ever Before
Even though the Pentagon has failed seven audits in a row, defense spending is now 60 percent higher (in real terms) than its old Cold War peak.
Original article: Slash Military Spending: “Defense” Budgets are Bigger than Ever Before
Audio Mises Wire - Want to Cut Federal Workers? Just Cut Spending.
These days, most federally-funded workers are “private” contract and grant workers. These jobs will quickly disappear if we‘re serious about spending cuts.
Original article: Want to Cut Federal Workers? Just Cut Spending.