<< I think professional
economists are the worst in this respect -- at the end of the day, even
the lefties among them seem mainly concerned with how much social
justice can we "afford." >>
Amen. But what happens when you get into a screaming match (hey Louis P, where are you???) with somebody at the water cooler who "reasons" that our overburdened debt capacity precludes us from "affording" social justice. Usually I refer them to how we financed WW II (we financed at 150% of GDP) and how that was a "reasonable" way to afford social justice.
Jason