Academic

SO HERE?S A QUESTION: Would a default on Treasuries accomplish what the Balanced Budget Amendment w?

By Glenn Reynolds

SO HERE’S A QUESTION: Would a default on Treasuries accomplish what the Balanced Budget Amendment was supposed to achieve, by forcing the government to spend no more than it takes in? With more collateral damage, of course. . . .

Full post as published by Instapundit.com on February 19, 2010 (boomark / email).