Kevin Williamson: Debt Fundamentally Altering US Economy

Fergus Hodgson, November 18, 2019

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Whereas some analysts predict the popping of the US debt bubble in an explosive event, Kevin D. 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.

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Instead, Americans can expect a combination of less growth, confiscatory taxes, and reduced social benefits.

Recommended Links

• Read Kevin’s columns at National Review and the New York Post.
• Get his books The Smallest Minority: Independent Thinking in the Age of Mob Politics and The End Is Near and It’s Going to Be Awesome.
• “US Debt Surpasses 23 Trillion for First Time,” the Hill.
• “The US Debt and How It Got So Big,” the Balance.
• “Powell: US Debt Is ‘on Unsustainable Path,’ Crimping Ability to Respond to Recession,” USA Today.

If You Liked This Episode

• “How the Fed’s Low Rates Became an Addiction,” Gold Newsletter Podcast.
• “Cris Lingle: Unions Dug Their Own Pension Grave,” Gold Newsletter Podcast.
• “Indebted Students Have Themselves to Blame,” Gold Newsletter Podcast.
• “The Ticking Time Bomb of State Debts,” Gold Newsletter Podcast.

Fergus Hodgson is Gold Newsletter’s roving editor. Follow him on Twitter and Facebook.