FORA.tv strives to connect smart, passionate audiences to brilliant ideas that are expressed everyday. Each week, our newsletter features a provocative and compelling Big Question, inviting discourse and debate from our community.
This week’s Big Question:
Is the Deficit a Real Threat to America or Just a Politically Convenient Tool?
Gov. Mitch Daniels got America’s attention when he said, “We face an enemy lethal to liberty…the new red menace.” If we don’t address the growing federal deficit, says Daniels, we could be facing an immediate economic meltdown. Not likely, says economist and author Paul Krugman. We have a long-term problem, not an immediate one, he says. Investors are still backing the U.S. dollar. Deficit hawks are sounding alarms for their own political agenda.
Gov. Mitch Daniels: American Debt Is ‘The New Red Menace’
(via Hoover Institute)
Paul Krugman: Insincerity Among the Deficit Hawks
(via The Graduate Center, CUNY)
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