Markets Reject National Debt Crisis Narrative

An opinion piece argues that markets are not predicting a national debt crisis despite decades of warnings, noting that Treasury yields have fallen even as debt rose. The author cites rising and projected tax revenues and a CBO forecast projecting more than $2 trillion annual debt service in ten years to contend high revenues enable continued borrowing. The piece suggests excessive taxation, not insolvency, is the underlying problem.
Scoring Rationale
Modest originality and relevance to fiscal debates, limited by opinion-based argument and lack of new empirical evidence.
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