Cookie Roberts in her typically dismissive cynical tone mocked the trillion dollar coin solution tiis morning on NPR. As is so often the case, her tone substituted for argument. Yet, as Larry Tribe has argued, the proposal is constitutional, and as Paul Krugman has argued, the proposal makes economic sense in these times where inflation is not a serious issue. Minting coins is nothing new, and it is a superior alternative to shutting down the government. Roberts succeeds in mocking this because a trillion dollar coin sounds silly. The packaging is not great, but NPR could use a journalist who sees beyond the packaging.
Comments
You can follow this conversation by subscribing to the comment feed for this post.