Search results for: burning down the house

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  • Jubilee

    That’s apparently one idea that the OccupyWallStreet crowd are keen on: an expansion of the stupid “get rid of student debt” idea I flayed a couple of weeks ago.

    So my immodest proposal is simply this: Individuals and households in the bottom 99 percent who owe debt to any large financial institution that received federal government support during and after the 2008 crisis should see their debt forgiven. That would certainly stimulate the economy, as

    … Read more

  • Driving Toward the Glass Ceiling

    I’m happy that the GOP has held out on the debt ceiling and continues to hold out for more budgetary discipline. But there are rumblings right now that have me very worried. They have broken off talks with the Democrats and are balking at any revenue increases at all. And a substantial part of the base seems to think that hitting the debt ceiling is preferable to the deal that is currently on the table.… Read more