The Corner

Economy & Business

The Myth of Washington’s ‘Debt Obsession’

“It’s time for Washington to put away its debt obsession,” assert two prominent Democratic economists; they mean its obsession with controlling the federal debt. As Brian Riedl points out in response, that obsession hasn’t actually existed–and we’d be better off if it had.

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Ramesh Ponnuru is a senior editor for National Review, a columnist for Bloomberg Opinion, a visiting fellow at the American Enterprise Institute, and a senior fellow at the National Review Institute.

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