Forget about a government shutdown. The quibbling over concessions to keep the government funded distracts from what might be the most predictable economic crisis. We have problems that may affect everything from the value of the U.S. dollar to investors’ savings, but also to national security. In a presentation earlier this year, Erskine Bowles (of the Simpson-Bowles commission) explains why he travels around the country to drum up support for fiscal reform: We are doing this (traveling around the country to drum up support for fiscal reform) not for our grandkids, not even for our kids, but for us. If we don’t get…
The Most Predictable Economic Crisis?
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