“We Owe It to Ourselves”

Christopher: I took an economics course in undergrad taught by a high-church Keynesian. He was fond of spouting the collectivist line (re national debts) that “we only owe it to ourselves.” Fine. I have an answer to the problem of the national debt: if we only OWE it to ourselves, let us REPUDIATE it to ourselves.

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4:14 pm on March 5, 2008