The debt obsession

As I was electronically discussing my comments on the Rolling Jubilee yesterday, I got an email from Fix The Debt, the deficit-obsessed austerian group founded by Erskine Bowles and Alan Simpson. Bowles and Simpson are, of course, the deficit scolds who led the failed commission created by Barack Obama in 2010 whose mission was to lead the U.S. back to the path of fiscal rectitude. And though the StrikeDebt! people have little in common with that gang of ghouls who want to cut Social Security and Medicare, they do share one feature: an obsession with debt…. Read More