Thank God We Can Take On So Much Debt

This is a horrible year for the U.S. But be grateful for what we have.

NRPLUS MEMBER ARTICLE A fter the obligatory period of dysfunction and gamesmanship, Congress is finally giving some more money to its small-business rescue plan, which ran out of funds soon after launching. For those keeping track at home, that’s another $300 billion piled atop the $2 trillion original stimulus bill.

As something of a deficit hawk I’d normally have an aneurysm at figures such as these, but of course this time is different. Businesses are shut down, workers are idled. It would make no sense to force them all to just absorb these losses and go bankrupt or even hungry. Borrowing in bad times is


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