Why high inflation is a potentially dire problem … Are we headed the way of Weimar Germany and Argentina? … How short-term government spending can function as a longterm investment … The looming threat of the fiscal gap … Why is the US’s fiscal gap so large compared to that of other countries? … Larry: We’re on the path to becoming a second-rate country … Why Larry thinks we should index taxes to inflation … Can we pay for what we’re spending without printing money? …

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There are 3 comments.

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  1. OwnedByDogs Lincoln
    OwnedByDogs
    @JuliaBlaschke

    All I got out of this is we should tax and spend more and Obama was wonderful. No thanks.

    • #1
  2. Ernst Rabbit von Hasenpfeffer Member
    Ernst Rabbit von Hasenpfeffer
    @ape2ag

    OwnedByDogs (View Comment):

    All I got out of this is we should tax and spend more and Obama was wonderful. No thanks.

    The Fed is printing money to pay for the President’s lunch.  Public perception is driving inflation.  Infrastructure spending isn’t the problem, entitlements are.  Trump is a jerk, but that is independent of his fiscal policy.  Never really explained why Obama was so awesome.

    • #2
  3. Duane Oyen Member
    Duane Oyen
    @DuaneOyen

    Glenn, as always, was good, Kotlikoff was incoherent and self-contradictory.

    • #3
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