Washington Post (January 31, 2012)
2012/ 02/ 01 by jd in Global News
The Post urges Congress to deal with the mounting long-term debt problem without jeopardizing the economy. “The smart path would deal with the debt in a way that is gradual, balanced between spending cuts and revenue increases and intelligently targeted rather than the current law’s bludgeon.” Trying to reduce the debt too quickly would be “dumb” and cause the economy to crash. Simply ignoring the debt problem, however, would be “dangerous.”