The Undollar Digest

Five Mainstream Economists Sound a Warning

Gary North 09/26/2012 lewrockwell.com

“The problem with this article is it is naïve. It is Pollyanna to the core. It begins with the on-budget deficit: a mere $1.2 trillion a year. The on-budget deficit is peripheral to the real federal deficit, which reflects the unfunded liabilities of the federal government, primarily in Social Security, Medicare, and Medicaid. This deficit [...]


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