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  • Debt-Paying Generation

    Generation Y: A Taste of What Is To Come for Generation Debt

    You may be wondering whether anyone, after all, went over the fiscal cliff at the end of December. News reports about Congress’s last-second legislation certainly conveyed the impression that everyone stepped away from that fateful edge. However, if you are under the age of 35, that rushing sound you hear … More

    Morning Bell: Obama's Friends Win Big in Budget

    You don’t need to log on to President Barack Obama’s Facebook page to find out who his friends are, and you don’t need to read tea leaves, gaze into a crystal ball, or consult a psychic to learn where his priorities lie. No, you only have to take a look … More

    Top 10 Reads: August 9, 2011

    Catching you up on clips, commentary and news of the day. Sign up for the daily email update from Scribe. Fueling higher gas prices – Ed Feulner Yemen looks like al Qaeda’s new heartland – James Carafano Left’s Tea Party Invective on Boil – Brian Darling Pity the debt-paying generation – … More

    Top 10 Reads: August 4, 2011

    Catching you up on clips, commentary and news of the day. Sign up for the daily email update from Scribe. Pity the debt-paying generation – Bill Beach and Dustin Siggins Unhealthy Debt – James C. Capretta and Yuval Levin Debt deal could endanger health care law – Jennifer Haberkorn After Debt … More

    Millennials, Citing National Debt, Fear for America's Future

    President Obama neglected to mention Millennials in his address to the nation Monday night. Ironic, since they are burdened with the responsibility of paying America’s debt. But that should come as no surprise. Young Americans are often overlooked in the political world. However, 18 to 29-year-olds have serious concerns about … More

    Chart of the Week: Each American's Share of National Debt is Growing

    Throughout the debate over the debt limit these past few weeks, Americans have become increasingly alarmed with our nation’s staggering $14.3 trillion debt. Many might wonder how the government is ever going to repay its mounting debt. Unfortunately, that responsibility will fall to the Debt-Paying Generation (ages 5-30). Currently, every … More

    How Much Do We Owe? That's the $62 Trillion Question

    Earlier this month USA Today splashed a headline on its front page that declared: “U.S. owes $62 trillion.” I wrote a couple blog posts about it — one on the alarming size of the number and another on its juxtaposition with the Anthony Weiner story. It turns out this number — a … More

    How the Debt and Economy Are Reshaping Millennials’ Life Choices

    America’s sluggish economy and mounting debt threaten to change the very fabric of our country as young people delay major life changes. New polling released by the upstart Generation Opportunity reveals the dramatic consequences facing America as the Millennials grow older. A staggering 77 percent of Americans age 18–29 say … More

    Slay the Beast: How You Can Save Us From the Massive Debt

    RALEIGH, NC — There’s a lot of talk in Washington these days about debt — and for good reason. The federal government reached the $14.3 trillion debt ceiling one month ago today. And the Obama administration has set a date of Aug. 2 for Congress to raise that limit. Why … More

    Just How Big Is $1 Trillion?

    Billion used to be a big number in the United States, but today trillion is tossed around with increasing regularity. We could use your help communicating its significance. Whether it’s the $14.3 trillion public debt or the $62 trillion owed for the government’s unfunded liabilities, the number is so large … More