tag:blogger.com,1999:blog-3758330678390419129.post1905422428400492076..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Why Mitch McConnell is Correct When He Says States Should Be Allowed to Declare BankruptcyRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-3758330678390419129.post-34496209073702548072020-04-23T13:38:00.910-04:002020-04-23T13:38:00.910-04:00RW, thanks for reminding me of this great analysis...RW, thanks for reminding me of this great analysis. Rothbard at his best. Of course in the short run this will serve to make the federal government relatively more powerful than the states. And make the states even less of a political counterweight. But then the states haven't really been doing their job anyway. So I suggest this policy of debt repudiation should be used at the federal level.Brian Ericksonhttps://www.blogger.com/profile/10188778202762603278noreply@blogger.com