Going Over the Cliff? What It Means to the US and the World

Decrease of 5% in the US GNP.  Recession.  Global impacts.  The Economist makes the issues clear and also the possible consequences.   But basically it is a revenues and expenses issue that the US has not begun to solve.  Taxing the rich is not the answer.  US expenses are out of control.  Where will the balance come from?  Article

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