The United States federal government is one of, if not the, largest debtors on the planet, currently holding $36 trillion in debt. That’s a “T” followed by a “rillion.”
The United States federal government is also one of, if not the, largest landowner on the planet, currently holding over 615 million acres through various agencies, like the Bureau of Land Management, the Forest Service, various national parks and monuments, and so on.
Thomas Sowell, economist, economic philosopher, commentator, senior fellow at the Hoover Institution, professor of economics at several major universities, and one of the smartest people on the planet, has proposed a way that one of these things can be used to help address the other.
In short: Sales of federal land could be used to pay down the debt.
There is much to be said for the new administration’s plan to have a…
