Robert Samuelson is becoming a modern-day prophet, shouting into the wind and the malaise about the lessons that we need to learn from Greece in order to save our own hide. The question remains, is anyone listening? A pull quote: "Americans dislike the term 'welfare state' and substitute the bland word 'entitlements.' The vocabulary doesn't alter the reality. Countries cannot overspend and overborrow forever. By delaying hard decisions about spending and taxes, governments maneuver themselves into a cul de sac."
In My Orbit...
In My Orbit...
In My Orbit...
Robert Samuelson is becoming a modern-day prophet, shouting into the wind and the malaise about the lessons that we need to learn from Greece in order to save our own hide. The question remains, is anyone listening? A pull quote: "Americans dislike the term 'welfare state' and substitute the bland word 'entitlements.' The vocabulary doesn't alter the reality. Countries cannot overspend and overborrow forever. By delaying hard decisions about spending and taxes, governments maneuver themselves into a cul de sac."