What’s Different About Today’s Government Deficit and Debt?
As of today, the U.S. government’s current deficit and debt are indeed currently at unprecedented levels for peacetime—once we account for them appropriately.
The latest from TomDispatch. Here's Tom's introduction to the article:
And here's the beginning of the article:
Housing Meltdown, Ground Zero
The American Home-Owning Dream on Life Support
New York Time
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