Morning Ebrief
July 17, 2017

FEATURED STORY OF THE DAY

Health Care Will Bankrupt the Nation
Brian Riedl, U.S. News & World Report

After doubling to $20 trillion since 2009, the national debt is now projected to soar to an unfathomable $92 trillion over the next 30 years. At that point, depending on interest rates, between 60 and 100 percent of all individual income taxes will go towards paying the interest on this debt.

What is driving the federal budget into bankruptcy? Health care spending. Read more here....

POINT/COUNTERPOINT

Is the Seattle minimum wage study valid?

YES  Ritholz Misunderstands Seattle Paper - Tim Worstall, Forbes
NO  Overhyped Minimum Wage Disaster - Barry Ritholtz, Bloomberg View

DECONSTRUCTION ZONE

How to Fix Congress in Ten Easy Steps
Irwin Stelzer, Weekly Standard
 
Learn a Non-Human Language
Andy Kessler, Wall Street Journal
 
Class Warfare by Hoarding
Robert Samuelson, Washington Post

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