I hope all of you have a wonderful day with family and friends today.
One thing to think about, and maybe discuss at the table: are we going broke as a nation?
Martin Sullivan makes a compelling case in “Who’s Afraid of Risky Government Debt?”
He covers no less than 4 articles this morning in major newspapers on this topic. Eventually, all bubbles burst. It is very hard not to look at today’s government debt as yet another bubble.
I think if Congress passes health care reform in its current form, the chance goes up dramatically, and will hasten us down the road considerably.