America's Massive Debt Pile Is a Cry For Help
Taxing the rich alone won’t bridge the deficit gap — everybody is going to have to pay more.
A pile so high it touches the sky.
Photographer: Hiroshi Watanabe/Stone RFThis is Bloomberg Opinion Today, a Jeff Koons-level masterpiece of Bloomberg Opinion’s opinions. Sign up here .
Everyone has a chair in the corner of their bedroom that no one can sit on because there’s too much stuff on it. You know the one: Maybe it’s made of wicker or polypropylene. You might have purchased it on Wayfair (it arrived damaged, of course). You were going for a Herman Miller vibe but it’s giving Fisher-Price. You consider selling it for $60 on Facebook Marketplace, but all of a sudden the 3-foot mountain of clothing carefully draped over the arms is a Jeff Koons-level masterpiece you cannot fathom destroying. Or, more likely, you’re just being lazy.