Here’s an actual headline good for some laughs: “Vulnerable Senate Dems try to run as tax-cutters.” That howler of a header appeared this week in Politico.
The National Endowment for Democracy can claim it is in the business of democracy promotion. In reality, it does anything but that, unless “democracy” is entirely synonymous with elite U.S. interests.
When debt grows so much that people don’t believe the Treasury will pay it, they sell their bonds and buy other things, sending prices through the roof.