E-Newsletter No. 55 ______ July 2018

Just a short newsletter this month – – we have included a link to a short video on the issue of poverty and welfare reform –

https://www.prageru.com/videos/there-only-one-way-out-poverty

Our goal should never be to merely make poverty less miserable. Our goal must be to make poverty more escapable. Earning your way out of poverty is more empowering and enduring than being supported by a variety of government programs. Through engaging in work, people earn their own success, which is the key to a more fulfilling and dignified life.

US Debt Clock – – June 1st – $64,635 per citizen / July 1st – $64,580

The federal government’s $21.2 trillion debt decreased slightly during June. Although the government’s spending has not slowed down, tax revenues have increased, primarily due to the growth in the economy and the increase in payroll tax receipts due to the decrease in unemployment.