Very seldom have I seen an issue that brings out such diverse and strong opinions as federal debt. This is especially odd because it is about numbers, which usually involve firm answers and results. But these numbers aren’t just ordinary numbers, they are dollars. Much of the fear, doubt and uncertainty is manufactured by vested interests on this topic. A very good read from The Baffler with some ideas everyone ought to at least consider. I will note that the people in the US government that scream the loudest about the debt quickly turn into the ones unapologetically running up that debt.
Congress’s greatest con: “We can’t afford it”