Thoughts On the Debt Ceiling and Running Out of Money

2023-05-27

Should we raise the debt ceiling? Does Modern Monetary Theory make sense? Are we in trouble? As our elected officials hash this out, I think it’s important for us to do the same. No, you don’t need to be an economist to understand this stuff. All you need is common sense and critical thinking. George talks about what all this means and how to make up your own mind about the way forward. Here’s the WSJ Article George mentions:

Should we raise the debt ceiling? Does Modern Monetary Theory make sense? Are we in trouble?

As our elected officials hash this out, I think it’s important for us to do the same. No, you don’t need to be an economist to understand this stuff. All you need is common sense and critical thinking.

George talks about what all this means and how to make up your own mind about the way forward.

Here’s the WSJ Article George mentions:

https://www.wsj.com/articles/what-is-the-14th-amendment-and-can-biden-use-it-to-fix-the-debt-ceiling-727499cc

Check out the US Debt Clock:

https://www.usdebtclock.org/

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