The Soft Landing Is Proverbial

Hugh Hewitt: I see stagflation ahead. Ruth Marcus: The CBO report that ought to have people's eyes rolling back in their head is 19 trillion in new debt over the next 10 years. Hugh Hewitt: We cannot risk playing with the full faith and credit of the United States and having a default on the debt. And Republicans and Democrats may have to do a virgin birth thing, but they've got to figure something out because $50 trillion in debt cannot be carried.