Michael Barone has a new column out today arguing that the bond market is starting to indicate the costs of ObamaCare: "No wonder that Moody's declared last week that the Treasury is 'substantially' closer to losing its AAA bond rating." Which is the bigger news here, the U.S. about to lose its AAA bond rating, or a ratings agency finally making an intelligent judgment about risk?
Barone on the Bond Market
https://www.futureofcapitalism.com/2010/03/barone-on-the-bond-market
by Ira Stoll | Related Topics: Health Care, Press, Timothy Geithner receive the latest by email: subscribe to the free futureofcapitalism.com mailing list
