2012-11-06

Cato: Does the $16 Trillion Debt Matter? A Remedial Lesson in Public Finance Economics for the GOP


Everyone has a cross to bear in life, some sort of burden or obligation, often self-imposed.
For some inexplicable reason, I’ve decided that one of my responsibilities is to educate a backwards and primitive people who seem impervious to common sense, simple logic, and strong principles.
As you’ve probably guessed already, I’m talking about Republicans.
I’ve already identified them at the Stupid Party, but they seem especially ill-informed and clueless on the topic of government borrowing.
I’ve specifically warned that they are economically (and politically) misguided when they focus on deficits and debt as America’s main fiscal problem.

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