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Our fiat currency is under increasing stress with our large and growing trade deficits. We have a federal deficit that is calculated in the trillions when we take into account the net present value of the future Social Security and Medicaid obligations we are creating today. ↗
Twenty-five years ago, I created the Taxpayer Protection Pledge at the federal level. Then I brought it to the state and local level. About 97 percent of the Republicans in the House and 85 percent in the Senate have signed on, and the number of candidates who have taken the pledge is even higher. It's become a party position. ↗
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