CRFB

Tyler Durden's picture

The CRFB Sees Locusts, Plagues And Lots And Lots Of Budget "Impossibilities" In America's Future





"This situation is economically impossible; at some point, U.S. debt would reach a level so high that creditors would stop lending us money. The question, though, is how the situation will be resolved. Will politicians confront the policy choices or delay them to the point where they will be forced upon us due to a fiscal crisis? The longer we wait to take on these issues, the worse they will get and the more painful it will be to change course." - CRFB

 
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