- James Surowiecki on why we should smash the debt ceiling.
- Why there was never going to be a surplus. A sample:
"Basically, in the grip of careless enthusiasm about the economic future, we borrowed $3 trillion from bond markets and handed it out to citizens in rough proportion to how rich they already were. In the middle of a recovery. This is not a useful thing for the government to do."
- If you haven't seen it already, this interview with Larry Summers is superb, and I found his contrast between working for Obama and Clinton very interesting.
- Oh look, here is Larry again!
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