@cmuratori Rubbish - they're actively doing something about it. In the wrong way. At about $200m a day.
I like how nobody seems to care that our country is $17 trillion in the hole, and nothing's going to be done about it either way...
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@cmuratori "in the hole" isn't such a crisis when that debt is in our own currency. It's like Delta owing frequent flyer miles. -
@taradinoc Inflating your own currency to bail out self-denominated debt doesn't work all that well, I'm afraid :( - Show replies
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@cmuratori less 'debt ceiling', more 'debtosphere'Thanks. Twitter will use this to make your timeline better. UndoUndo
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@cmuratori Focusing on the deficit has frequently been a conservative device to justify cutting social programs. (1/2) -
@cmuratori Wisdom from economists I trust: the time to reduce the deficit is when the economy is booming. During recession, deficit spend. - Show replies
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@rexguo@cmuratori Um... sorry, Singapore is its own very special brand of scary. Though yeah, the US is a close second.Thanks. Twitter will use this to make your timeline better. UndoUndo
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