Debt Worries Yet Again — Brian Romanchuk

J.W. Mason posted an interesting list of arguments to not worry about government debt levels in "A Baker's Dozen of Reasons not to Worry About Government Debt." On reading it, I realised that one could cut through the whole thing by arguing as follows: the reason why we should not worry about government debt in a country like the United State is that nobody can come up with a (not highly disputable*) reason why that the stock of debt matters.

I will largely leave that assertion for the reader to chew on. However, I would note that I chose my wording carefully....

Bond Economics
Debt Worries Yet Again
Brian Romanchuk