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Not to over-nitpick, but there's surely a difference between private and government debt. Not that public debt is a good thing by any means, but the trend of t
by kgrin 17y ago
Not to over-nitpick, but there's surely a difference between private and government debt. Not that public debt is a good thing by any means, but the trend of treating of the government as a "family" that needs to "live within its means" strikes me as pretty silly.
(Just to be clear, I'm not accusing you of making that argument, but the conflation of private and public debt is along those same lines).