Overview for debt-debates

Stumbling Toward Disaster

There's blame for all in the debt talk breakdown. The president walked away from Simpson-Bowles, declined to present plans to reach long-term budget balance, etc. etc. etc. But in the argy-bargy, keep this in mind: the debt problem has become a debt crisis for one reason only: because …

Read more

Written by David Frum on Friday July 22, 2011

Social Security Checks Are Not Guaranteed

Conservatives blast Obama when he suggests that Social Security payments will not be secure in after hitting the debt ceiling, but the law will back him up. Back when conservatives were fighting the good fight for private accounts in Social Security, we often pointed to the Supreme Court ruling …

Read more

Written by David Frum on Tuesday July 12, 2011