The tax bill before Congress pays short shrift to the middle class, hobbling the nation's ability to confront the real threat: a malevolent national debt spiraling out of control.
I know the Republicans won’t do it. However, we know how to get out of debt and I wanted to document that. I don’t rely too much on the bond market. Traders are irrational!
nice as usual, but asking for an economically rational political process is a heavy lift. while the Big Beautiful Bill's on life support, asking Republicans who've pledged not to raise taxes to acknowledge that allowing taxes to rise as prior temporary reductions expire isn't the same thing Is a major challenge. Suspect a responsible response requires the bond market to demand it. the result will inevitably be messy.
I know the Republicans won’t do it. However, we know how to get out of debt and I wanted to document that. I don’t rely too much on the bond market. Traders are irrational!
nice as usual, but asking for an economically rational political process is a heavy lift. while the Big Beautiful Bill's on life support, asking Republicans who've pledged not to raise taxes to acknowledge that allowing taxes to rise as prior temporary reductions expire isn't the same thing Is a major challenge. Suspect a responsible response requires the bond market to demand it. the result will inevitably be messy.