December 13, 2018
By Daniel Sutter
The National Debt Clock in New York City gives a glimpse of each American family's share of the debt. (Wikimedia Commons)
Is the Federal government spending us into financial ruin? The current numbers and budget projections suggest so. Yet I think that the scary numbers reflect an unresolved conflict over the role of government more than a threat of bankruptcy.
The national debt of the United States, the accumulated borrowing since the Republic’s founding, stands at…