Week in Review: March 4, 2017

mises.org / Mises Institute / March 4, 2017

Donald Trump addressed his first joint session of Congress this week. During the speech, one subject was almost entirely ignored: the national debt. Though Trump did take a moment to bash the spending of Obama’s administration — ignoring his own political party’s legacy on the subject — he did little to address the very real threat posed by the nation’s current debt levels. Further, there seems to be no end in sight. Between the president’s continued calls for dramatic increases in defense spending, politicians constant demand for more disastrous government projects, and a bipartisan refusal to get serious about entitlement spending — Washington has made it clear that it remains blind to the mess it has created.


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