Big Government Is Holding America Back America’s federal debt has now skyrocketed past $35 trillion—an increase of $2.3 trillion in just the last fiscal year. Inflation persists, with core prices rising 3.3% over the past year. Meanwhile, government jobs are…

This commentary was originally published at VanceGinn.com here. It is being republished with permission from the author. Executive Summary The United States faces a critical fiscal crisis due to the lack of robust economic growth and excessive government spending. This leads…

In May, local communities across Texas participated in bond elections that saw approximately 250 bond propositions put to a vote.  These propositions collectively amounted to nearly $15.5 billion in new local debt, a significant financial burden with implications for taxpayers…

President Biden’s recent signing of the $1.2 trillion federal spending package has served as a reminder of the Federal Government’s addiction to spending money. Specifically, taxpayer money.  Despite the staggering trillions in federal debt, Biden’s endorsement of the bill fails…

The negative impact of Bideonomics on everyday Americans has been profound. With the federal government’s lavish spending and ever-rising debt, the cost of living has soared, putting a strain on households across the nation. Despite the evident consequences, the Biden…

Inflation shot higher than expected in January. The latest Consumer Price Index (CPI) report has thrown a wrench into the expected timeline for Federal Reserve rate cuts, as inflation figures for January came in higher than anticipated.  The report revealed…

Texas’ Local Debt Crisis: Unpacking the $461.3 Billion Burden In a startling revelation, the Texas Public Policy Foundation reported a significant surge in Texas’ local debt, now towering at an unprecedented $461.3 billion as of the fiscal year 2023. This…

It is that time of year again; the Holiday season is  upon us.  As we observe Thanksgiving this week, Americans across the country will travel and come together, with family and friends, to celebrate.  As we gather around the Thanksgiving…

Highlights Figure 1: Real Average Weekly Earnings Declined Year-Over-Year for 26 Months Before Being Up in Four but Fell Again Last Month and Remain Down 5% Since January 2021 Overview Labor Market The Bureau of Labor Statistics recently released its…

One of the perhaps most underreported outcomes of last week’s election is the overwhelming success of local bond propositions, especially those that will further increase the already rapidly growing property tax burden on Texas taxpayers. Collectively, Texas voters considered nearly…

Highlights Figure 1: Year-Over-Year Real Average Weekly Earnings Declined for 26 Months Before Increasing in the Last Three but Fell Again and Remain Down Nearly 5% Since January 2021 Overview Labor Market The Bureau of Labor Statistics recently released its…

With the Federal Government’s fiscal year rapidly coming to an end on September 30th, Congress must pass a “continuing resolution,” on spending, or once again face a partial government shutdown. This continuing resolution is essentially a temporary spending bill, using…

$33 trillion. Written another way, $33,000,000,000,000. The U.S. National Debt is estimated to surpass $33 trillion in a matter of days. Sadly, milestones like these seem to have become all too regular. Just one year ago I wrote a similar…

Highlights Figure 1: Year-Over-Year Real Average Weekly Earnings Declined for 26 Months Before Increasing in the Last Three but Remains Down Nearly 5% Since January 2021 Overview Labor Market The Bureau of Labor Statistics recently released its U.S. jobs report…

Overview Debt A recent report by the Texas Bond Review Board notes that Texas’ total outstanding local government debt is $280 billion, resulting in debt per capita of $8,869. This puts Texas’ local debt per capita in third place of…