Tagged: debt

Musk and DOGE 154

Deficits, Debt, and DOGE

Do I agree with everything Elon Musk is doing with DOGE? Absolutely not. Is something like what he is doing necessary at this point? Yes.

The Unforgivable Sin of Student Loans

Student loan debt has surpassed auto loans and credit cards to become the second largest type of consumer debt in the country, behind home mortgages. Some predict that the effects of the student loan bubble popping will have similar effects as the housing market collapse of 2008.

A Capitalist’s Love Ballad to Bankruptcy

In Burt’s recent FP post, he takes a hypothetical bankruptcy scenario posed by Randy Harris and teases out the personal and professional ethics of the fictional players. If you haven’t read it yet, you...

Basketball Bet: Bad Bankruptcy Barrister

Randy Harris won our NCAA pool this year and has selected me to write an article in response to this hypothetical, which I present here with minor editorial changes from what Randy sent me:...

perspective in illustration

Austerity On The Run

I wanted to flag this before it became too much Old News. Andrew Sullivan, still a self-described conservative and a tireless deficit hawk, has looked to the events in Europe and concluded that austerity —...

Odium Surplus/Odium Deficit

A common way to talk about crime and punishment is to liken them to debt and repayment: A crime creates a debt to society; if the criminal is caught and convicted, a just sentence...

Paul Ryan’s Budget

“If Obama’s efforts to create a viable regulatory framework in which individuals can buy private health insurance (a) pass congress, and (b) turn out to work well and be popular, then you can imagine...

Jindal: debt is bad when we say it is

I’m open to hearing a defense of Bobby Jindal from Matt Yglesias’s allegations. But I am having a hard time imagining what such a defense could mean. Bobby Jindal was not out there beating...