WaPo: Donald Trump sets a new record for economic recklessness

The Washington Post has a good explainer on what is terrible about Trump’s proposal to “make a deal” with America’s debt holders to decrease our national debt:

The minute the United States tried to reduce its debt load by offering creditors less than 100 percent of principal and interest — i.e., by ‘discount,’ or ‘making a deal,’ like Argentina or Greece — every institution that had taken this country at its word would be instantly destabilized.

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