Wednesday, July 27, 2011

Deficits Made Clear

Great article in the Atlantic Monthly by  on the deficit. The author divides Federal Government expenditures into Social Security, Medicare, and everything else. 


Against conventional wisdom the everything else portion of the Federal Government is now a smaller portion of GDP then it was during Eisenhower. It is Social Security and Medicare that create our financial problems.


Click to Read the Article




Thanks to Anne Hullinger for Sharing


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