THE FISCAL FACTS: Public and Private Debts and the Future of the American Economy

James K. Galbraith

Economics Policy Note Archive from Levy Economics Institute

Abstract: Today's federal budget deficits are a preoccupation of many American citizens and more than a few political leaders. Is the American government going bankrupt? Does our fiscal condition warrant radical surgery, as some now prescribe? Or, are we in such deep trouble that there is no plausible route of escape?

Date: 2006-02
New Economics Papers: this item is included in nep-mac, nep-pbe and nep-pke
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