The Hill Op-Ed: The Economy Is Cooling But The US is a Frog in Hot Water

Author: Bob Bixby
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We’ve all heard that if you put a frog in boiling water it will jump out, but if you put a frog in warm water and slowly turn up the heat it will stay put until boiled to death. That may or may not be true, but it is a useful allegory of how incremental changes can accumulate to dangerous or even fatal levels if ignored. The unfortunate frog came to mind as I read through the Budget and Economic Outlook: 2024 to 2034  released last week by the Congressional Budget Office. 

The water is heating up and we are the frog.

Read the full Op-Ed on The Hill’s website.

Original Source: The Hill

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