Four Deformations of the Apocalypse (David Stockman/New York Times)

David Stockman / New York Times:
Four Deformations of the Apocalypse  —  IF there were such a thing as Chapter 11 for politicians, the Republican push to extend the unaffordable Bush tax cuts would amount to a bankruptcy filing.  The nation’s public debt — if honestly reckoned to include municipal bonds and the $7 trillion …

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