The Soapbox

hoodeyo

Joined: 09/29/2013 Posts: 6446
Likes: 3410


I mean, kind of, but not the way it's discussed here or in Congress.


Or as it's approached by TK. If federal deficit fears are your number one issue right now and it's causing excessive angst, you're missing a big part of the picture.

It's crucial to be specific about the meaning of things like "take down all the rest." What does that mean, a debt/GDP ratio of 141% in 2046? (This is CBO's projection based on everything remaining exactly as is until then.) What does that infer- bankruptcy, inflation, etc? What is the underlying concern that makes this issue #1 going forward beyond rote talking points.

(In response to this post by WaxHoo)

Posted: 04/13/2017 at 12:46PM



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