Tuesday, December 8, 2009

Packing for Montana

As reported in today's Washington Post, in an article entitled "In Debate Over Nation's Growing Debt, a Surplus of Worry."

Leonard Burman, [a Syracuse University ] economist, says he has developed a computer model that shows that a "catastrophic budget failure" is a possibility.

"I try not to get too depressed, because if I really thought it was going to play out the way this model works, I would just move to a cabin in Montana and stockpile gold and guns," he says.

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