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Kevin Williamson: Debt Fundamentally Altering US Economy

Whereas some analysts predict the popping of the US debt bubble in an explosive event, Kevin Williamson believes the snowballing could go on for a long time. The roving correspondent for National Review believes politicians will keep kicking the can down road, accumulating malinvestment, and sapping the economy. Instead, Americans can expect a combination of less growth, confiscatory taxes, and reduced social benefits. Show notes:

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