A little learning, indeed, may be a dangerous thing, but the want of learning is a calamity to any people.

- Frederick Douglas

Sustainable, no...

Clearly not sustainable when mandatory spending is greater than receipts. The deficits have just begun to greatly burden.

Read: Mandatory Spending to Exceed all Federal Revenues 50 Years Ahead of Schedule

In order for this to be addressed, leadership is necessary.

posted at 11:55:30 on 03/16/11 by clearpolitics - Category: Economics - [Permalink]

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The Gross National Debt