by Phelps Admin | Dec 6, 2024 | David Phelps
While campaigns have been spending obscene amounts of money for decades, the Harris campaign took it to an entirely new level, racking up a staggering sum of over $1 billion in spending and still ending up nearly $20 million in debt. A new report shows that the...
by Phelps Admin | Nov 21, 2024 | David Phelps
Like many Americans, I woke up after election day to see the outcome of one of the loudest campaign seasons I’ve experienced in years, if not decades. The 2024 election was a high-stakes event. Yeah, yeah, I know…we seem to hear that every election lately. “This is...
by Phelps Admin | Nov 1, 2024 | David Phelps
While our politicians have been talking about raising the retirement age in this country for at least several years if not decades, other countries have already started implementing similar policies. But is this a good thing or a bad thing? Well, we have first to ask...
by Phelps Admin | Oct 28, 2024 | David Phelps
The U.S. national debt is rising by $1 trillion roughly every 100 days right now, which now stands at nearly $35.8 trillion as of 10/22/2024. To make matters worse, the Treasury has also drawn down its cash balance by $72 billion putting it over $275 billion in the...
by Phelps Admin | Sep 20, 2024 | David Phelps
Freddie Mac has proposed a “stimulus” program to enter the secondary home equity loan market, claiming it will cost the government nothing and add no more than $1 to the national deficit. The government entity wants this program implemented by the summer of 2024 and...
by Phelps Admin | Sep 20, 2024 | David Phelps
Our government never really needs a reason to spend our tax dollars—it does that on autopilot, spending about $218 million every hour. But as we enter into another election season, we should expect to see a lot more government spending, which will inevitably drive...