DeLong suggests time travel

And our long term projected spending and revenue balance is not a problem. There is no imbalance. Or, rather, there is no imbalance if. If the economy and if programs perform as expected, if the U.S. government continues to be able to finance its debt at a real interest rate less than the growth of labor productivity plus the labor force, and if congress and the president do not do anything further to raise spending above or decrease taxes below current law, the United States simply does not have a fundamental fiscal crisis.

In his latest missive. He forgets that the Tea Party now defines the Expected for Congress, not Brad. It is the Tea Party's turn to define the Great Exogenous.

Budget cutting won't cause some fiscal meltdown and budget expansion does nothing for us far from Washington DC. I don't get the Religion, Americans often revolt, secede, an nullify acts of the DC crowd, why not now, what loyalty does anyone have to that far flung place..