Laurence Kotlikoff–Yes Virginia We Are $220 Trillion In The Hole

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Laurence Kotlikoff put in a special return interview . He’s not expecting any great reforms from the current debt limit debate. Rather, it will be more of the same. It’s as if you sent a cancer patient to the hospital for treatment and all they got was a manicure. When it comes to the national debt debacle, there’s a complete lack of seriousness in coming up with workable solutions. Instead it devolves into a partisan game of Gotcha. In the end, we’re all the poorer and we’re the losers, as the congress heads off into its recess and scoop up large sums of cash from companies seeking undue advantage.

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