Economics/Class Relations

Unlimited Debt Leads to National Bankruptcy

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THURSDAY, MAY 18, 2023

The most shocking fact about war is that its victims and its instruments are individual human beings, and that these individual beings are condemned by the monstrous conventions of politics to murder or be murdered in quarrels not their own:
Aldous Huxley

HORNBERGER’S BLOG

May 18, 2023

Unlimited Debt Leads to National Bankruptcy
During the current debt-ceiling crisis, one thing should be painfully clear to everyone: For those people who are advocating an increase in the debt ceiling, there is no maximum amount of debt that is too much for them. As far as they are concerned, the federal government should continue adding to its debt burden indefinitely into the future, no matter how high the …

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