Comment on Managing Federal Deficits and the Federal Debt in a Flagging Economy: It Won't Be Painless

Managing Federal Deficits and the Federal Debt in a Flagging Economy: It Won't Be Painless

Regarding managing the federal debt, I suggest something similar to a bankruptcy reorganization where the creditors will be paid in full. For the purposes of this article I am painting with a broad brush what I believe can be a viable solution. The details need to be worked out. Also, there are variations of some ...

 

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