American Consequences

Category - April 2019

April 2019

Red Scare

A majority of millennials favor socialism – how did this happen? By Alice Lloyd It was September 2016, and Hillary Clinton had a youth problem. In a conference room at Democratic National Committee headquarters on Capitol Hill, about a third of the...

April 2019

A Debt Jubilee Is Coming to America

If you study American history, you’ll see that Debt Jubilees occur only in a unique type of extreme political environment. After all, a Jubilee is a radical measure. The government essentially steals money from one group and hands it to another. In...

April 2019

Modern Monetary Nonsense

By Kenneth Rogoff A number of leading progressive U.S. politicians advocate using the Federal Reserve’s balance sheet to fund expansive new government programs. Although their arguments have a grain of truth, they also rest on some fundamental...