"The Magnitude of the Mess We're In"

“The next Treasury secretary will confront problems so daunting that even Alexander Hamilton would have trouble preserving the full faith and credit of the United States.”


Here is a WSJ op-ed by a bunch of old guys from a conservative think tank.

Weren’t people just as pessimistic in the early 80’s after the double dip recession. Heck, rates were at 20%. We begged the world to devalue our currency. Japan was the greatest thing since sliced bread.