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What the Debt Crisis Is All About

Powerline, the great conservative blog, has been running a contest on how to explain the debt crisis, with a $100,000 prize to the winner. Here’s my winner: an immensely catchy song redolent of the tuneful punk stylings of the Ramones of the 1970s called “You’re Gonna Pay.” The video is a little juvenile, but as a whole it does exactly what popularizing should do: Makes something difficult to understand intelligible in a clever way.

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