Posts Tagged ‘bankrupt’
GAO: “USA is living beyond its means”
A wake up call to all Americans from the US Government Accountability Office (GAO) – (formerly the “General Accounting Office”). GAO.gov (since its over 10 min, i had to remove a few scenes in start to upload it) Also do read this from Federal Reserve Bank of St. Louis Review, July 2006, 88(4), pp. 235-49: “Is the United States Bankrupt?” research.stlouisfed.org “This paper explores these views from both partial and general equilibrium perspectives. It concludes that countries can go broke …
Budget response from David Cameron (22Apr09)
David Cameron gives his response to the terrible budget figures that Alistair Darling just gave in New Labour’s budget. New Labour bankrupted the UK yet again.