Monday, November 19, 2012

Imagine

Tim Geithner thinks the US ought to eliminate the debt ceiling and Paul Krugman thinks the US ought to go back to a top marginal tax rate of 91%. Really? Does that mean that I can stop doing budgeting and just borrow whatever I want? How about I borrow one million dollars? I can't repay it but maybe you can get a hedge and short me Tim.

I don't know what to say anymore. Maybe that whole Mayan calendar end of the world thing is real.

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