Running on Empty: How the Democratic and Republican Parties Are Bankrupting Our Future and What Americans Can Do About It
For years, Peterson, secretary of commerce under Nixon and author of Gray Down, has been a compelling Cassandra, warning that the mix of growing debt, an aging population, and deficits in Social Security and Medicare portend disaster. Now, he laments, Republicans pursue reckless supply-side economics and Democrats, assuming a repeal of Bush’s tax cuts would enable new government spending, are unwilling to consider limits on … [ Read more ]
Content: Book | Author: Peter G. Peterson | Subject: Economics
