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Government Debt

Why You Shouldn’t Trust A Government – Any Government

We must not give up hope.  The progress down the road to tyranny is not certain and a new path to liberty can still be made.  We owe it to ourselves and to future generations to make the effort.  Previous generations have paid the price for our freedom many times over, but it is not a price to be paid once and forever.  Each generation must pay their price or forfeit all that has been won.

Lots Of Blue At The Top Of This List: State & Local Governments With the Most Debt Per Capita

In the 1940s and 1950s, state and local government debt was much lower than today. Federal, state, and local governments grew substantially during the 20th century. Spending, revenue, and debt increased as the population grew, and the government invested more in infrastructure, education, and social programs. Leading up to the Great Recession that began at the end of 2007, total state and local government debt increased sharply. It has been falling since 2010 but increased between 2019 and 2020.