Posted inOp-Eds, Opinion

Bob Neal: The Countryman: Trying (but failing?) to go home again

A good reason that we nostalgia trip is that there were things back along that we loved. Places, friends, jobs, family, routines. The pandemic has unsettled them all, and the resistance we see to masking and to vaccination may be a form of denial. On another level, the resistance we see to democratic principles and practices may be a thirst for simpler ways of doing things. Life in 2021 would be complicated even without COVID.

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Posted inOp-Eds, Opinion

The debt ceiling is an absurd problem. Only an absurd solution can save us.

The debt ceiling was not designed to be an important instrument of economic policy: Congress retained the power to set all spending and tax terms, as it does today. But Congress also must vote every now and then to raise the limit on Treasury’s authority to borrow. Failing to do so means the government can’t meet the obligations it has already approved.