AEIdeas

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Discussion: (3 comments)

  1. Patrick Gatti

    Until the end of time is a while.

  2. Benjamin Cole

    Scary stuff, but we could run inflation higher, and “pay off” extant debt that way. If we had 7 percent inflation for 10 years, the national debt would be cut in half, and as for Medicare, we just have to adapt death panels, an excellent idea.

    Spending $250k to keep a carcass “alive” for a couple of weeks is not a good idea.

    And balance the federal budget.

  3. Tom Sullivan

    The debt is only a small part of the problem – the real villain is the promises for social security, Medicare, Medicaid, Obamacare, etc. Unfunded liabilities. Since government spending is already 40% of GDP, it must cut out 25% of its programs/promises. And forget about all the further socialist schemes, which are usually destructive of the economy or the culture.

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