“Maybe I’ll be able to give you an intelligent answer once I’ve written about economics for a while. It’s hard (for me, at least) to know what the impact of deficits are. I keep hearing they are bad, but we keep running them and (so far) interest rates remain low and the economy seems to hum (until lately, at least). But maybe it is like a house of cards that one day will collapse.”
The Washington Post used to have economics writers who actually knew something about economics. The mind boggles.
