Correct up to the end. How does one 'damage' the debt? Don't we need more debt (safe assets)? What's the problem, Tea Partier?https://twitter.com/jonathanweisman/status/934140491997773824 …
It's unprecedented to cut taxes this deeply in the face of an aging population, increasing entitlement claims and rising deficits. It's a Thelma and Louise tax cut: the cliff is coming so slam on the accelerator.
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It increases deficits and debt. Stipulated! But so what. Why be so alarmist about that. There's no inflation in sight. Reinhardt/Rogoff made an excel error. Stop being such a teabagger! (etc etc ;)
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This is a better take than your one about the middle class tax cuts
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What is your take on the possibility that younger workers will have a tough time finding jobs due to the aging population remaining in the labour force? Any solutions?
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