The 17 Trillion Dollar Question

(Courtesy of www.heritage.org) By Benjamin Park As of January 23, 2014, the US national debt was seventeen trillion, two hundred seventy-six billion, five hundred eighty-two million, one hundred seventy thousand, three hundred forty-seven dollars and seven cents. The National Debt has continued to increase an average of $2.52 billion per day since September 30, 2012. […]

Economics of Health Care System

There should be government interventions insomuch that the government helps fix market inefficiencies so that the health care system can in the future be semi-autonomous. The worry of inefficiency is well grounded in the fact that the system is absurdly expensive compared to other developed countries. Nearly 18% of GDP ($2.5 trillion) is contributed by […]

The Shutdown: An Overview

  Photo Source: NBC Politics   On October 1st, congress failed to authorize spending for the new fiscal year, resulting in the United States Government entering into a partial shutdown. Plagued by partisan gridlock, members of Congress played the “blame game” in the days leading up to the shutdown and even after. The shutdown was […]