« New Jersey Approves Cable Franchise Reform | Main | Lafayette Muni Plan Dealt Another Blow »
August 12, 2006
Is the US Bankrupt?
This article in the the St. Louis Federal Reserve Review explores the question. It is an interesting, nay depressing, analysis. Sure, you can change some assumptions and get some different conlcusions. The one thing you can't really assume away is that we are on an inevitable collision course with either dramatic spending cuts (yay!) or dramatic tax increases (boo!).
Posted by adrianm at August 12, 2006 11:42 AM
