From CNSNEWS:
“I’m really concerned,” Bowles told the committee last month. “I think we face the most predictable economic crisis in history. A lot of us sitting in this room didn’t see this last crisis as it came upon us. But this one is really easy to see. The fiscal path we are on today is simply not sustainable.
This statement by Erskine Bowles is a bona fide no-shiiter.
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But, but, but…if we just keep spending money we don’t have, we’ll right this ship and there will be lollipops and unicorns for everybody…