Fixing the Debt: Unfortunately it is going to take another crisis
Posted By RichC on May 1, 2013
Erskine Bowles gave his pitch on CNBC’s Squawkbox Wednesday morning although doesn’t seem to be making much headway with the politicians who refuse to face reality. Neither Republicans or Democrats seem willing to negotiate our future solvency — looks like we’ll need another crisis before real reform is made in Washington DC. I found it hard to disagree with anything he said, especially the doing the “easy and stupid stuff” when it comes to dealing with the debt. (see CRFB.org)
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