Is America Going Broke?. Steve Maich.
by Maich, Steve; ProQuest Information and Learning Company.
Series: SIRS Enduring Issues 2006Article 6Business. Publisher: Maclean's, 2005ISSN: 1522-3191;.Subject(s): Debts -- Public | Economic forecasting | United States -- Economic conditions | U.S. Congressional Budget OfficeDDC classification: 050 Summary: "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.| Item type | Current location | Call number | Status | Date due |
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| REF SIRS 2006 Business Article 59 Looking for New Talent? Hire Vets First!. | REF SIRS 2006 Business Article 59 There Is No Legacy in Labor. | REF SIRS 2006 Business Article 59 Worker Rights Are Slowly Eroding. | REF SIRS 2006 Business Article 6 Is America Going Broke?. | REF SIRS 2006 Business Article 60 Time in Our Hands. | REF SIRS 2006 Business Article 61 Our Malls, Ourselves. | REF SIRS 2006 Business Article 62 Tangled in Spyware--Spyware Is Sneaky, Aggressive, Oppressive. |
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.
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