12 Comments

Wrt the national debt, there is one question I would have asked Mr Riedl before all others - how can we get enough voters to care?

Expand full comment
author

It would require leaders from both parties to speak the truth about the issue, but they refuse to. Much easier to just stoke anger and grievance about culture-war stuff.

Expand full comment

// It would require leaders from both parties to speak the truth about the issue

What makes you think leaders from either party know the truth about this issue? Economic literacy is not exactly in high supply there.

// Much easier to just stoke anger and grievance about culture-war stuff.

Not following; I haven't the first clue what culture wars have to do with the debt.

Expand full comment
author

>>What makes you think leaders from either party know the truth about this issue?

Because they have direct access to the CBO, and some of the most respected economic think tanks in the world. It's no secret how screwed our country is.

>>Not following; I haven't the first clue what culture wars have to do with the debt.

Today's political office holders, at least at the federal level, don't stay in office by keeping their heads low and producing legislative results. They stay in office by going on cable-news and rhetorically playing up to people's cultural fears and grievances, most of which have no legislative solution.

Expand full comment

I wish you would have asked him to outline his 40-point plan or at least to provide us with a link.

Expand full comment
author

It's a good starting point for rigorous discussion. Maybe you should to get the guy back on to discuss it.

If implemented, the plan might cause Bill O'Reilly to move to Ireland as he's been threatening. :)

Expand full comment
author

He said he'd be happy to come back on any time.

Expand full comment

You ought to take him up on his offer and also have a knowledgeable, nonpolitician skeptic on to have a civil, give-and-take discussion as to whether his measures, if implemented, will work (numbers crunching, unwanted side-effects, etc.) and whether there is a less burdensome alternative. Your ripples may not have much of a reach, but it would be enlightening.

Expand full comment

FANTASTIC! I want to rage Brian Riedl's 40 pt purposal to reduce the Natl Debt!

Expand full comment
author

Thank you John and Brian for thr honest report. If you can get half the proposals in this report accomplished, we stand a chance. Otherwise it's Hooverville for us all!

Expand full comment