For generations, one of the great joys in life has been watching Roadrunner cartoons, during which the Roadrunner always manages to find a way to trick Wile E. Coyote into running off a massive cliff. Sadly, it seems as though in the bizarre cartoon political world we now live in, the Roadrunner has become the U.S. government, and “We the People” have become Wile E. Coyote. It turns out when you’re the Coyote, running off the cliff isn’t nearly as funny or entertaining. In 2018, Ben Bernanke, the former chairman of the Federal Reserve, stated that fiscal stimulus “is going to hit the economy in a big way this year and next, and then in 2020, Wile E. Coyote is going to go off the cliff.” Bernanke was referring to the return of trillion-dollar deficits added on top of the $21 trillion national debt that the federal government has already accumulated. What most elected officials refuse to admit is that we have a structural deficit that is...(Read Full Article)