If America ever does have a full-blown “debt crisis,” whereby the weight of the accumulated deficits that Congress has run since 1960 finally come crashing down on us, it might be enough to make more Americans adopt the tragic view of life. That’s because such a dreadful event would have happened despite decades of warnings. Even members of Congress from time to time trot out their dire predictions about debt. Even so, they go right ahead and keep on spending money they must borrow. However, some say deficits and debt don’t matter if a nation has its own currency. Some who cleave to this position are proponents of Modern Monetary Theory. MMTers think the central government can just create whatever money it needs. On July 29, in the wake of President Trump’s tweet about Baltimore’s rat infestation, FNC’s The Ingraham Angle featured a talk with Donté Hickman, pastor of Baltimore’s Southern Baptist Church (video, go to the...(Read Full Article)