While we keep printing, spending, and giving away billions of dollars like there is no tomorrow, can anybody mathematically comprehend what $18 trillion of national debt means? Does anyone even care anymore?
The economy is so rosy, the statistics tell us, we are at what economists call full employment. "Full employment is a situation in which everyone who is willing and able to work can find a job. At full employment, the measured unemployment rate is still positive." Economists have argued for years that the full employment number was somewhere "near 5 percent unemployment."
