Moody’s stepped into the deficit debate today by suggesting that the US should get rid of the debt ceiling altogether. This suggestion makes some sense but isn’t exactly the best mechanism for determining what the debt ceiling should be at any given time. For example, during World War II, the debt in the US spiralled […]
Read More →Cheap solutions are not necessarily the best solutions especially when the problem trying to be solved is mired in the complexity of the human condition. I refer to all of these shenanigans going on with News Corp. The general population has a right to be angry about what has been going on. However the rash […]
Read More →The problem with the folks in Washington is that they think small. Especially they are all about me – me me me me me. In order to fix this deficit crisis, they have to start changing the way they think from “Me” to “We”. I would like to put forward what I call the 5% […]
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