Search Results for: 'Federal Reserve' OR monetary OR inflation OR deflation

Federal Fiscal Shortfall Surges Past $100 Trillion

Illegal Immigrants and Federal Income Taxes

Federal Government’s 2017 Fiscal Shortfall Is 74% Worse Than Reported Budget Deficit

Most Federal Employees Are Paid More Than Their Private-Sector Counterparts

The School Funding Inequity Farce

Treasury Data Reveals Federal Shortfall of $614,000 per U.S. Household

New Treasury Data Shows Federal Shortfall of $670,000 Per U.S. Household

Fact-Based Poll Reveals Fictions Believed by Voters

Poll Reveals Voters Misinformed About Key Issues

Treasury Report: Federal Fiscal Shortfall is $603,000 per Household

Pre-Election Poll: Voters Broadly Misinformed About Key Issues

Does the Social Security Trust Fund Really Exist?

Poll Reveals Voters are Uninformed About Major Issues

Advocates for Social Welfare Benefits Turn the Truth About Federal Spending on Its Head

Has Government Turned Us Into a Nation of Makers and Takers?

Quantitative Easing: Who Wins and Who Loses?

The Tax Rates of Wall Streeters and Steelworkers

Maddow’s Tax and Deficit Doubletalk

What the $20 Trillion National Debt Means to You

Blame for the National Debt

Audit Reveals Federal Finances Are Far Worse Than Publicized Figures

The Real “Big Money” in Politics

The National Debt Is Rising—Not Declining

AOC’s Baseless Accusation That the U.S. Is a “Brutal, Barbarian Society”

How Hard and Effectively do Americans Work?

A Factual Look at Obama’s Presidency

FactCheck Abets False Obama Claim About Romney’s Taxes

Government Spending on Higher Education Reaches an All-Time High

Warren Buffett’s Fraudulent Tax Claims (Part 2)

Federal Government Finances Deteriorated by $6.5 Trillion in 2012

Are Today’s Newborns the Luckiest Generation in U.S. History?

New Spending Bill Gives $35 Billion in Raises to Federal Workforce

Warren Buffett’s Fraudulent Tax Claims

Krugman and Obama Mislead on Debts and Deficits

Can We Prevent a Debt-Driven Economic Collapse Without Reforming Entitlements?

Debt Versus Deficit: Obama’s Bait and Switch

Widespread Poverty Stats Greatly Overstate the Number of Americans Who Are Destitute

Social Security Trust Fund to Begin Declining in 2014, Not 2021

The Effects of Regulations on the Economy

Reporters Wrong: Romney Pays a Far Higher Federal Tax Rate Than Most Americans

Donald Trump and the Media Agree on Middle-Class Income, and They are Both Wrong

Effects of Immigration From Impoverished Nations

Social Security Has Been Boosted, Not Looted

How Biofuel Profiteers Fleece Average Americans

Reporters Distort the Truth About Government Spending

Leading Progressives Blame the Wrong Culprit for Rising College Costs

The SAT Is Feeding Students Solar Industry Propaganda

Taking Social Security Off-Budget

Current National Debt Situation is the Worst in U.S. History

Media Outlets Stir Racial Strife and Slander Trump for Urging Governors to Protect People’s Rights

High-Income Earners Pay a Much Higher Federal Tax Rate Than the Middle Class

Widely Touted Study on State and Local Taxes is a Sham

Economy Declined as Government Spending Rose

Government-Mandated Benefits Suppress Workers’ Wages

Think Progress Exaggerates Child Hunger by 8,000%

The Impact of Obamacare and Ryancare on Medicare

Tax Fairness Question at GOP Debate Rooted in Falsehood Spread by Media

What Portion of the Federal Budget Is Spent on the Military?

Rape Facts and Falsehoods

Is the Official Covid-19 Death Toll Accurate?

Social Security’s Trust Fund to Start Losing Value in 2013

Public School Funding Per Student Averages 80% More Than Private Schools

Bernie Sanders’ Education Plan is Rife With Deceit

Social Security and Class Warfare

Five Fables About Medicare

Beware of the “Fact Checkers”

Reuters’ Definition of “Lower Income”

Abortion, the Bill of Rights, and the Constitution

Happy Holidays, You Owe the Federal Government $195,554

The Washington Post Grossly Understates the Crime Rate of Illegal Immigrants

Paul Krugman’s Claims About the Dangers of Government Debt

Visa Overstays Don’t Negate the Benefits of Border Barriers

Support for “Soaking the Rich” Is Rooted in Media Misinformation

Is the Economy to Blame for Our “Runaway National Debt”?

The U.S. is a Democratic Constitutional Republic, and Yes, It Matters

Raising Payroll Taxes to Save Social Security Will Cost the Average Worker $73,000

2017: The Year in Facts and Falsehoods

Substantial Numbers of Non-Citizens Vote Illegally in U.S. Elections

Five Fallacies About Guns and Violence

The Birthright Citizenship Debate

Media Misinformation About Arming Teachers

Smearing the South With False Charges of Racism

AOC’s Pitch for the Green New Deal Is Unhinged From Reality

Will Global Warming Flood the Coasts of the United States?

Myths about School Choice and Betsy DeVos

Obama’s Plan for Tackling the Deficit

Should the U.S. Adopt Australia’s Strict Gun Laws?

Lack of Assimilation is Economically Harming Latino Immigrants and Society

Education Funding and Results

Public School Teachers Are Paid Far More Than Commonly Reported

Yes, Joe Biden and Kamala Harris Are Planning to Legalize Abortion Up To Birth

Virginia Governor Issues False Statement Defending Late-Term Abortions

Newt and the Associated Press Distort Obama’s Born-Alive Abortion Record

The Associated Press Distorts Obama’s Born-Alive Abortion Record

Do Large National Debts Harm Economies?

CNN Butchers the Facts on Late-Term Abortions

Are Incandescent Light Bulbs Being Banned?

Roe v. Wade Allows Abortions for All 9 Months of Pregnancy, Not Just the First 3

Thomas Jefferson, Racism, and Slavery

Myths and Causes of Income Inequality

Fetal Pain: Response to the Journal of the American Medical Association

African Americans Prospered During the Presidency of Ronald Reagan

What Is Obama’s Gun Control Agenda?

Solar Energy Costs and Impacts

The Payroll Tax Holiday Does Not Impact Social Security, but It Does Redistribute Wealth

What Will Obama’s Greenhouse Gas Regulations Cost and Achieve?

PolitiFact’s Deceptive Report on Illegal Voting by Non-Citizens

Deceitful Evidence of Job Market Discrimination

Wash Post Repeatedly Botches Fact Check of Trump’s State of the Union Address

Illegal Immigrants Are Far More Likely to Commit Serious Crimes Than the U.S. Public

Five Vital Facts About Obama’s Contraception Compromise

Deadly Falsehoods About the Orlando Shooting and Gun Control

Media and Politicians Twist Trump’s Words About Charlottesville

EPA’s Lack of Transparency Is a Breeding Ground for Junk Science

Is Ocean Life on the Brink of Mass Extinction?

Question of the Day

Who controls the Federal Reserve? 3 Contrary to the saying that “the Federal Reserve is no more ‘federal’ than Federal Express,” the Fed’s central governing body is controlled by a…

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From where does the Federal Reserve get the money to implement quantitative easing? 3 In the words of Ph.D. economist Benn Steil, the Fed implements quantitative easing “with newly conjured…

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At its core, what does the Federal Reserve policy of quantitative easing entail? 3 Quantitative easing is an unconventional Federal Reserve policy implemented during the Great Depression of the 1930s…

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…This doesn’t include the repercussions of the Federal Reserve creating trillions of dollars in new money to purchase federal government debt and other financial assets. Because the federal government was…

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What portion of all federal government spending is for national defense and veterans’ benefits? 3 In 2018, 18% of all federal government spending was for national defense and veterans’ benefits….

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Has federal government spending on means-tested welfare become a larger or smaller portion of the federal budget since 1970? 2 In 1970, means-tested welfare was 5.2% of all federal government…

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What portion of the people who fail federal background checks for firearm purchases are prosecuted by the federal government for attempting to illegally buy a gun? 3 During 2017, the…

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What portion of federal career employees are dismissed each year for reasons relating to poor job performance? 3 Between 2004 and 2013, 0.18% to 0.27% of federal career employees were…

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Question of the Day

What portion of federal career employees are dismissed each year for reasons relating to poor job performance? 3 Between 2004 and 2013, 0.18% to 0.27% of federal career employees were…

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Which of these is greater? The money that flows through (1) the New York Times corporation, or (2) the campaigns of all federal Republican candidates, political action committees, and special…

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If the federal government’s debts, liabilities, and unfunded obligations were equally divided among all U.S. households, how much per household would this be? 3 At the close of the federal

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federal government to create social programs. Likewise, Alexander Hamilton wrote in the Federalist Papers that the Constitution only gave the federal government “certain specified powers,” not “sweeping” ones to tax…

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How much does the federal government spend per year for each child enrolled in Head Start (the largest federal education / childcare program for preschoolers)? 3 In 2017, the federal

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What portion of all federal spending is for social programs, such as healthcare, income security, education, housing, and recreation? 3 In 2018, 62% of federal spending was for social programs….

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Are government regulatory expansions associated with stagnant living standards? 2 As explained by Janet Yellen (the former chair of the Federal Reserve) and various other economists with wide-ranging political views:…

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…represent almost half of outstanding debt [held by the public].” Debt held by the public excludes intergovernmental debt, which is money that the federal government owes to federal programs like…

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…by federal, state, local governments, while 58 percent is “privately owned.” In more detail, 38% is owned by families, individuals, trusts and estates, 31% by the federal government, 20% by…

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Does federal law generally allow foreigners who are likely to become a burden on taxpayers to immigrate to the United States? 2 Federal law explicitly prohibits foreigners from immigrating to…

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Question of the Day

How much larger are the federal government’s debts, liabilities, and unfunded obligations than its annual revenues? 3 Balanced against the value of its commercial assets, the federal government had $103.7…

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Question of the Day

Which of the following factors is the primary driver of workers’ incomes? 3 As explained by Janet Yellen (the former chair of the Federal Reserve) and various other economists with…

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Question of the Day

Which U.S. president appointed all of the Supreme Court justices who ruled that the federal government could place U.S. citizens of Japanese descent into detention camps without evidence of “individual…

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Does U.S. federal law prohibit dismemberment abortions on living prebirth humans after they have developed enough to make coordinated movements of their arms and legs? 2 Per the medical textbook…

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What portion of all private defined-benefit pension plan assets are insured against default by the federal government? 3 The federal Pension Benefit Guaranty Corporation (PBGC) insures 98% of all private…

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Does federal law generally allow members of Communist, Nazi, or other totalitarian parties to immigrate to the U.S.? 2 Federal law explicitly prohibits members or affiliates of “Communist,” “Nazi,” or…

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On average, how much do federal, state, and local governments spend per year on social programs (like healthcare, income security, and education) for every household in the U.S.? 3 In…

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What portion of all federal government spending is for means-tested welfare programs? 3 In 2018, 17% of all federal government spending was for means-tested welfare programs. This figure has risen…

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Question of the Day

Are federal, state, and local governments in the U.S. generally required to protect people’s rights to life and property from infringement by private individuals? 2 The 14th Amendment to the…

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Question of the Day

Does the U.S. Constitution generally require federal, state, and local governments to protect the free speech rights of people in public venues from infringement by private individuals? 2 The 14th…

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Question of the Day

As a condition of employment, can U.S. federal, state or local governments force individual workers who are not union members to be represented by unions? 2 Under a 1944 Supreme…

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Question of the Day

Does federal law prohibit foreigners from owning shares in U.S. corporations that influence U.S. elections? 2 Although federal law prohibits foreigners from directly spending money on U.S. political campaigns, it…

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Question of the Day

During 2019, how much did federal, state, and local governments collect in taxes on average from every household in the United States? 3 In 2019, federal, state and local governments…

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Question of the Day

Does federal law prohibit immigration of people who are likely to become a “public charge,” or burden to U.S. taxpayers? 2 U.S. Code Title 8, Chapter 12, Section 1182 bans…

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Question of the Day

…to be put on incentives for rapid reemployment.” Likewise, the Federal Reserve Bank of Chicago reports that “many economic studies have shown that workers who receive UI extensions tend to…

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Question of the Day

…by Federal Reserve Board economists Neil Bhutta and Aurel Hizmo found that whites, blacks, Hispanics, and Asians with similar credit histories all pay “virtually identical” overall mortgage costs. The authors…

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…to be put on incentives for rapid reemployment.” Likewise, the Federal Reserve Bank of Chicago reports that “many economic studies have shown that workers who receive UI extensions tend to…

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…of sampling error for these results is plus-or-minus 6 percentage points with at least 95% confidence. Some have claimed that these results reflect concerns that rising incomes would cause inflation,…

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…national constitution in use” anywhere in the world. It is the written pact that established the U.S. federal government and vested it with certain powers. The Constitution is “the supreme…

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Question of the Day

What portion of all federal, state, and local government spending in the U.S. is for public order and safety, including law enforcement, courts, prisons, immigration enforcement, and fire protection? 3…

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Question of the Day

Are government regulatory expansions associated with reduced economic growth? 2 A 2013 study in the “Journal of Economic Growth” shows that federal regulatory expansions are associated with “substantial reductions” in…

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Question of the Day

If the federal government doubled the minimum wage, how much would this increase the average annual income of families below the poverty line? 3 A 2019 study by the Congressional…

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Question of the Day

Based on the latest federal estimates, if the U.S. stopped importing all crude oil and other petroleum products, how long would the nation’s domestic petroleum resources last at the current…

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Question of the Day

What is the poverty rate for children in single-mother families? 3 In 2017, 41% of children in single-mother families had incomes reportedly below the federal poverty line. In contrast, 8%…

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Question of the Day

What portion of the material resources of low-income households is not counted when determining official U.S. poverty statistics? 3 The federal government measures poverty based on the reported “money income”…

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…have actually extended its life by repeatedly raising its payroll tax rate, increasing its inflation-adjusted taxable maximum, and adding other taxes to the program. This has placed progressively higher Social…

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…for social engineering and special interest subsidies. Reagan’s 1986 tax reforms also cut the top corporate income tax rate from 46% to 34%, but inflation-adjusted total federal taxes per U.S….

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…devastating hardship of prolonged or repeated illness.” Adjusted for inflation, $1 in 1964 equals $8.15 today, but this tax is now technically unlimited. It is 2.9% of workers’ wages up…

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…Failing to account for all forms of worker compensation. (2) Adjusting compensation and productivity for inflation by using different price indexes. Nonetheless, many media outlets and politicians have used these…

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…zero Republicans, or so few as to make no difference.” The vast bulk of this political disparity has occurred since the 1960s, and along with this, inflation-adjusted taxpayer funding per…

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Question of the Day

…paper, the authors reveal that their “dataset is only adjusted for the CPI [inflation] over time, not currently incorporating any changes in exposure (e.g., as reflected by shifts in wealth…

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Question of the Day

…Office of Personnel Management (OPM) and obtained the background investigation records of 21.5 million U.S. government employees. Per OPM, it is “highly likely” this hack exposed virtually all federal employees,…

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Question of the Day

…the cost of food stamps. These interest payments cost each household in the U.S. an average of $4,411 in 2019. Measured as a portion of federal revenues, interest costs are…

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Question of the Day

…school breakfast program had an improper payment rate of 10%. These are among the higher improper payment rates of federal programs because they don’t always require documentation of parents’ income….

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…$23.4 trillion. This amounts to $71,175 for every person living in the U.S., $182,307 for every household in the U.S., 108% of the U.S. economy, 6.5 times annual federal revenues,…

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Question of the Day

…from 1967 into the 2000s found that unions increased the average wages of unionized workers by about 16%. This is because federal law gives unions an effective monopoly over the…

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Question of the Day

…SS Act of 1935) that all of the program’s surpluses be loaned to the federal government. The government is required to pay back this money with interest, it has never…

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