With Inflation Well Below Targets and Interest Rates Near Record Lows, the Washington Post Wants to Reduce the Deficit

Yep, we have such clear warning signs of imminent disaster. I should probably also point out that the interest burden measured as a share of GDP (net of money refunded from the Fed) is at the lowest level since before World War II. You can see we are imposing a terrible burden on our children. At least the Post is honest and says that its deficit reduction means cutting Social Security and Medicare.

Oh well, here on Planet Earth low interest rates and low inflation are a very good market sign...

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Published on February 10, 2016 01:58
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