Fans of reality will note that the immediate threat to the economy is the prospect of a sharp increase in taxes and cut in spending that will begin in the new year. How does this look like a "debt crisis?"A debt crisis is when no investors will buy your debt. 

The Post has to tone down the scare tactics in its push to cut Social Security and Medicare. It's slipping behind Fox News and the National Inquirer in the credibility category.

[Thanks to Michael Cushman for calling my attention to this one.]

Leave your comments

Post comment as a guest

0
  • No comments found

GuideStar Exchange Gold charity navigator LERA cfc IFPTE

contact us

1611 Connecticut Ave., NW
Suite 400
Washington, DC 20009
(202) 293-5380
info@cepr.net

let's talk about it

Follow us on Twitter Like us on Facebook Follow us on Tumbler Connect with us on Linkedin Watch us on YouTube Google+ feed cepr.net rss feed