The debt crisis deserves a serious respons - The Washington Post

While I feel the Great Recession economy has gotten pushed to the back burner and the austerity crowd has shrieked "austerity!" over and over, the Washington Post editorial board has pointed out the sharp growth of U.S. debt as a percentage of GDP with no clear motivation by either political party to address it.  While the parties quibble over a CR that will fund the government for 10 weeks (Obamacare! Shutdown!), the debt has risen from 39% of GDP in 2008 to 73% in 2013.  That should give any serious person pause, particularly in our seemingly rudderless federal government.

The debt crisis deserves a serious respons - The Washington Post