IS THE “CRISIS” ONE OF CONGRESS’S OWN MAKING? by Dwight Kehoe, ©2011, blogging at tpath.org (Jul. 30, 2011) — In 1917 Congress passed the Second Liberty Bond Act. This was the precursor of the Debt Limit. Why was this begun and has it had any effect on spending? The answer is, of course; it has […]
