This article in the NYT sums up the problems with both the left’s and the right’s woefully inadequate approaches to reducing the deficit.
“INTEREST rates have been falling for 30 years, but Pimco’s short call [on U.S. treasury bonds] could well mark a generational reversal. If so, rates will continue to rise, and the fiscal time frame will be abruptly foreshortened from the distant foggy future to the Treasury’s borrowing needs in the here and now. Then the abject deficiencies of the dueling budget plans will be self-evident.”
Interesting article but I lost the author when he mentioned class war.
We are far from class war, especially when we have ordinary voters in the Red States siding with the very richest Americans.
We may have ideological war, but we are far from class war. In this ideological war, the top richest Americans have enlisted some of crudest, most vulgar soldiers to fight their battles.
Interesting article but I lost the author when he mentioned class war.
We are far from class war, especially when we have ordinary voters in the Red States siding with the very richest Americans.
We may have ideological war, but we are far from class war. In this ideological war, the top richest Americans have enlisted some of crudest, most vulgar soldiers to fight their battles.
Interesting article but I lost the author when he mentioned class war.
We are far from class war, especially when we have ordinary voters in the Red States siding with the very richest Americans.
We may have ideological war, but we are far from class war. In this ideological war, the top richest Americans have enlisted some of crudest, most vulgar soldiers to fight their battles.
Interesting article but I lost the author when he mentioned class war.
We are far from class war, especially when we have ordinary voters in the Red States siding with the very richest Americans.
We may have ideological war, but we are far from class war. In this ideological war, the top richest Americans have enlisted some of crudest, most vulgar soldiers to fight their battles.
Interesting article but I lost the author when he mentioned class war.
We are far from class war, especially when we have ordinary voters in the Red States siding with the very richest Americans.
We may have ideological war, but we are far from class war. In this ideological war, the top richest Americans have enlisted some of crudest, most vulgar soldiers to fight their battles.
