Maich, Steve,
Is America Going Broke?. Steve Maich. - Maclean's, 2005. - SIRS Enduring Issues 2006. Article 6, Business, 1522-3191; .
Articles Contained in SIRS Enduring Issues 2006. Originally Published: Is America Going Broke?, March 7, 2005; pp. 18+.
"The numbers are staggering--a US$43 trillion hole in America's public finances that's getting worse every day. And the stakes are almost inconceivable for a generation of politicians and voters raised in relative prosperity, who've never known severe economic hardship. But that plush North American lifestyle to which we've all grown accustomed has been bought on credit, and the bill is rapidly nearing its due date. If the United States can't find a way to pay up, the results will spill beyond national borders, spreading economic misery far and wide." (MACLEAN'S) The article discusses the United States' growing economic deficit and reveals how it will impact the Canadian economy if the dollar continues to decline.
1522-3191;
U.S. Congressional Budget Office
Debts--Public
Economic forecasting
United States--Economic conditions
AC1.S5
050
Is America Going Broke?. Steve Maich. - Maclean's, 2005. - SIRS Enduring Issues 2006. Article 6, Business, 1522-3191; .
Articles Contained in SIRS Enduring Issues 2006. Originally Published: Is America Going Broke?, March 7, 2005; pp. 18+.
"The numbers are staggering--a US$43 trillion hole in America's public finances that's getting worse every day. And the stakes are almost inconceivable for a generation of politicians and voters raised in relative prosperity, who've never known severe economic hardship. But that plush North American lifestyle to which we've all grown accustomed has been bought on credit, and the bill is rapidly nearing its due date. If the United States can't find a way to pay up, the results will spill beyond national borders, spreading economic misery far and wide." (MACLEAN'S) The article discusses the United States' growing economic deficit and reveals how it will impact the Canadian economy if the dollar continues to decline.
1522-3191;
U.S. Congressional Budget Office
Debts--Public
Economic forecasting
United States--Economic conditions
AC1.S5
050