recession

A Thomist’s Guide to the 2020 Election

For many well intentioned Catholics, determining whom to vote for in the upcoming presidential election is a difficult decision. The Church has no official, clear criteria to aid in the decision. Yet, the fact is that Rome, the highest authority in the Church, has provided the faithful with contemporary, official teaching concerning political decisions. Pope [...]

Economic Chaos Ahead

Let's think about the kind of mess that we're in. Federal 2010 Medicare and Medicaid expenditures totaled $800 billion. The projected annual growth of both programs is about 7 percent. Social Security expenditures are more than $700 billion a year. According to the 2009 Social Security and Medicare trustees reports, by 2030, 49 percent of [...]

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