Honestly now that I read the entire thing…its more of a commentary than anything else. AKA there are real numbers there, but I would like to see an expert give their opinion. Might be another case of “we need to balloon the debt” and issue more bonds. Or it could very well be an issue and our AA rating go down. Which would be VERY bad.
AKA there are real numbers there, but I would like to see an expert give their opinion.
Buddy, did you check the byline? The first author is a professor of applied economics at Johns Hopkins, and the second is former Comptroller General of the United States. The problem isn’t a lack of expert oversight; the problem is posting opinion pieces 1) where they don’t even belong (Rule 6) and 2) without even reading them are you kidding me.
Yeah, this kind of thing has been popping up… well, since I started paying attention in the 1970s.
A friend of mine at that time had a great solution: “When they can’t pay my social security or anything else I’ve paid into, I’ll just take it in trade. I’ll take a fair-value amount of government land - maybe in Yellowstone, someplace nice - and at that point it’s mine. Good luck getting it back.”
There is nothing in the article that indicates this being anything new. This just sounds like someone calling for austerity.
Honestly now that I read the entire thing…its more of a commentary than anything else. AKA there are real numbers there, but I would like to see an expert give their opinion. Might be another case of “we need to balloon the debt” and issue more bonds. Or it could very well be an issue and our AA rating go down. Which would be VERY bad.
Buddy, did you check the byline? The first author is a professor of applied economics at Johns Hopkins, and the second is former Comptroller General of the United States. The problem isn’t a lack of expert oversight; the problem is posting opinion pieces 1) where they don’t even belong (Rule 6) and 2) without even reading them are you kidding me.
Yeah, this kind of thing has been popping up… well, since I started paying attention in the 1970s.
A friend of mine at that time had a great solution: “When they can’t pay my social security or anything else I’ve paid into, I’ll just take it in trade. I’ll take a fair-value amount of government land - maybe in Yellowstone, someplace nice - and at that point it’s mine. Good luck getting it back.”