How Big Is the Long-Term Debt Problem?

By James Kwak Articles about the deficits and the national debt generally talk about unsustainable long-term deficits that will drive the national debt up to a level where scary things happen. Sensible commentators usually acknowledge that our current deficits are a sideshow and the real problems happen in the 2020s and 2030s due to modestly … Continue reading How Big Is the Long-Term Debt Problem?