*+-Worrying about government debt is like worrying about the monster under the bed. The issue isn’t debt, it’s power.
*+-Steven Conn: For thirty years inflation has not been a serious threat to the American economy, yet politicians and pundits continually fret about it. The never-ending worry about inflation is like fighting the last war rather than the current one. What’s needed today is a war on unemployment and wage stagnation, not inflation.