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Op-ed Placement

The Economic Opportunity Inside a Debt-Ceiling 'Crisis'

Originally Published in RealClearMarkets on 8/23/17.

Seemingly lost in an endless tug-of-war between supporters of big and bigger government is that the federal government is not stockpiling dollars when it taxes and borrows away the wealth we produce. If only that were so.

When politicians take in our dollars they’re in fact expressing a desire to be a size consumer of resources always and everywhere produced in the private sector. Politicians want the trucks, tractors, computers, desks, chairs, buildings and human labor that dollars can command in the marketplace, and that would otherwise be purchased or hired away by private sector businesses and start-ups.