Friday, January 20, 2012

Debt matters

Here's an interesting article by a Wall Street exec who's both a deficit hawk and an advocate of immediate investment of federal dollars in American infrastructure:

1 comment:

  1. Yes, debt does matter. Are you finally coming around to that notion? Or do you think that the US will always be able to just borrow more. Because if they can't, then we have big problems in our ability to fund Social Security. There's nothing of value in the "Trust" - because surpluses over the years have been siphoned off and spent.