Hooray for America!! Our Debt Is No Longer A Concern… Spend Away!!

AUGUST 22, 2020

Image by B.P. Miller in Unsplash

In an article in the New York Times, assorted fund managers, economists and just plain reporters opine as to the irrelevancy of the ballooning national debt. The focus of the article is that for many years, it has been assumed that there was a final tipping point — when the debt that America owed exceeded its annual GDP. By most…