Wreckonomics: America’s Fiscal Policy in Action
By: Ziad K. Abdelnour
“The Moment of Truth” is upon us or so proclaims the title of the report issued by the bi-partisan National Commission on Fiscal Responsibility and Reform. The report correctly identifies the fiscal mess we now find ourselves: deficit spending that is unsustainable and entitlement programs that can’t possibly keep their promises without massive tax increases. […]