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2011 Financial Report Of The U.S. Government – David Merkel
To pay down liabilities like these would require the permanent allocation of an additional 8% of GDP. Where would we find the will to do that? I suspect as a result that we will see real decreases in...
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Sweden has reformed its welfare state to deliver both efficiency and equity |...
Will Tanner writes: At face value, the Swedish welfare state is an unlikely poster child for sustainable government. In 2011-12, government spending was 53.1 per cent of GDP, paid for by taxes on the...
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The magic pudding state – The Drum Opinion (Australian Broadcasting Corporation)
Benjamin Herscovitch writes: It seems many of us have been taken in by the conceit that the welfare state can offer never-ending free lunches. We expect governments to offer more social security...
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Druckenmiller Sees Storm Worse Than ’08 | Bloomberg
Stan Druckenmiller, George Soros’ former partner and one of the best-performing hedge fund managers of the past three decades, warns of the real long-term threat to the US economy: Druckenmiller, 59,...
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Rising debt—not a crisis, but a serious problem | Brookings
Testimony by Alice M. Rivlin, Senior Fellow – Economic Studies, Center for Health Policy, before the Joint Economic Committee of the United States Congress on September 8, 2016: …..our national debt...
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