No Green Shoots of Economic Recovery with US Debt at 700% of GDP
Economics / US Debt
Jun 22, 2009 - 01:00 AM
By: Phil_Williams
What have we learned in 2,000 years?
"The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance." -Cicero - 55 BC
Economics / US Debt
Jun 22, 2009 - 01:00 AM
By: Phil_Williams
What have we learned in 2,000 years?
"The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance." -Cicero - 55 BC
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