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

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  • James K. Galbraith

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?

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  • James K. Galbraith, 2006. "THE FISCAL FACTS: Public and Private Debts and the Future of the American Economy," Economics Policy Note Archive 06-2, Levy Economics Institute.
  • Handle: RePEc:lev:levypn:06-2
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