Clearing the Tabs 3-22-2019

Some things I've read this week or will be reading over the weekend.

March 17
The rise of free lunch economics and the growth of our national debt

If The University Admissions 'Scandal' Bothers You, So Does Human Nature

March 18
Understanding the Trade Deficit

March 19
Martin Wolf Isn't the Solution to 'Secular Stagnation,' He Is Secular Stagnation

Here is a guy in New Jersey who has stolen an ATM machine and he is trying to get it onto a city bus. Incredible.

Meanwhile In New Jersey...

pic.twitter.com/PRMkIKPtJR

— Breaking911 (@Breaking911) March 19, 2019 

March 20
New Academic Study: Payroll Tax Burdens Stifle Entrepreneurship

Happy Birthday???

My second niece arrived this morning. She is healthy and already talking about supply-side economics and she has already asked for her uncle to send her some books about Ronald Reagan, she realizes there is no time to waste.

I always see these numbers for what part of the nation's debt a child "born today" is responsible for. A little research reveals that this new beauty just inherited her share of the national debt, which equals $29,178. That number will be $49,694 for a child born in 2020, and it could obviously increase.

Both of these monetary figures are ridiculous. And when you think that in just 9 years, not only will the population increase, but that each person share of the debt will increase 59%, I hope you agree with me that this system is unsustainable.

It's time for real change. It's time for transformational change. As each niece has been born, I look at these little ones, and I realize this is no longer about me. It's about them and one day it's about their children when they become mothers.

So, with that, the ideas I've been working on in recent weeks are still in development and there will be more soon.

In the meantime, I welcome my niece to the world, I hope her 18 month old sister will embrace a lifetime of being a big sister and I hope we get serious about reforming this ridiculous, out of control situation for the future generations.

Happy Birthday little one.