8 years ago
Debt, Diversion, Distraction
** Submitter's Note: browse this site in Incognito/Privacy mode. ** So, about that supposed debt crisis: right now we have a more or less stable ratio of debt to GDP, and no hint of a financing problem. So claims that we are facing something terrible rest on the presumption that the budget situation will worsen dramatically over time. How sure are we about that? Less than you may imagine.
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http://krugman.blogs.nytimes.com
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