A critical review of the work on the dire effects of the deficit.
Written in 1993; 1,800 words; 1 sources; $ 63.95
From the Paper:
"Harry E. Figgie Jr. in his book Bankruptcy 1995: The Coming Collapse of America and How to Stop It (written with Gerald J. Swanson) presents a nightmare scenario of the next three years, holding that by 1995 America will have spent its way into bankruptcy. His belief is based on a view of the national deficit, its origins, and the rate at which we are adding to it. This is a timely issue that has been argued from all perspectives in recent years, with many Americans fearing the effect of the deficit while others believe it is not the catastrophe that it has been made out to be. Figgie's timetable is probably the most arguable point in his book, since it seems to be a relatively short period of time that he is giving us to completely bankrupt ourselves if no changes in national policy are made. He is not one of the doomsayers who believe that we have already passed the..."
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