he NYT finally get a clue. A little bit of one, anyway.
The Times released a July 5 editorial headlined, “America Is Living on Borrowed Money,” admitting that the U.S. “now borrows heavily during periods of economic growth to meet basic and ongoing obligations. It’s increasingly unsustainable.” In fact, per The Times, “By 2029, the government is on pace to spend more each year on interest than on national defense.”
DUH!