The Emperor's Dangerous Clothes
Summary
Laurence Kotlikoff argues that the official United States deficit does not look too terrible, but it is a terrible measure of the government's economic health: The truth is a $70 trillion long run imbalance that is growing at $2 trillion per year.Recommended Citation
Kotlikoff, Laurence J.
(2008)
"The Emperor's Dangerous Clothes,"
The Economists' Voice:
Vol. 5
:
Iss.
2, Article 3.
Available at: http://www.bepress.com/ev/vol5/iss2/art3