It’s nice to see the federal debt finally starting to get some attention. One is sort of left to wonder why it took so long, but better late than never.

Indeed, the debt has become a new cause celebre in financial circles. Jamie Dimon, CEO of JP Morgan weighed in recently (which probably surprises no one), warning that the roughly $34 trillion in debt would precipitate a market “rebellion.” He warned that “it is a cliff (and) we’re going 60 mph toward it.”

Some would say it’s more like 160 mph, but that is probably splitting hairs.

The CEO of Bank of America was similarly earnest, encouraging us all to “get after” the problem, and “do something about it” rather than “admiring it.” Federal Reserve Chairman Jerome Powell recently encouraged us to have “an adult conversation,” about the topic.

Even some professor no one has ever heard of said something about it last week. When major publications are printing the comments of unknown academics, then you know things must be getting serious.

To all of them, I say: Welcome to the discussion. Glad you finally saw the light.

Back in 2013 — while tea party deficit hawks were........

© The Hill