A Bigger Issue Than The Debt Ceiling

I am constantly amazed at how American’s miss the point about things. Regardless of whether or not the debt ceiling gets raised or the country’s credit rating gets changed, there is a bigger issue. The government spending that created the debt has caused a gross misallocation of the country’s resources. That situation will be resolved by means of a devastating economic depression.

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About Fantasy Free Economics

James Quillian is an independent scholar,free market economist, teacher of natural law, teacher and originator of the Fantasy Free approach to economics. James Quillian does not believe lies. Contact: news@quillian.net
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