Tag Archives: no debt

WHAT DEBT?

Paul Krugman has good news for Californians and all Americans, particularly your grandchildren and those who are still just a wink in the eye of their parents.  There is no debt problem after all.  Sounds a bit radical but it can’t be.  The president said the very same thing in a meeting with the Speaker of the House.

According to the gospel of Paul, NYT: Jan 17

“The budget deficit isn’t our biggest problem, by a long shot. Furthermore, it’s a problem that is already, to a large degree, solved.” –  and – “(Similar things are happening at the state and local levels — for example, California appears to be back in budget surplus.)”

I say, give the man a handicap sticker for his car.  He is as blind as a bat.

With no apologies for the lack of a segway, here is a thought from a man whose vocabulary was bigger than a dictionary, William F. Buckley.  Buckley said that while the Left says it is open to other points of view, it always shocks them to discover that there are other points of view.