is the U.S. Like Greece?

Paul Krugman says no, and has a graph:



Are We Greece? - Paul Krugman Blog - NYTimes.com



And he spanks David Leonhardt:




Are We Greece?: David Leonhardt tries to draw parallels. But how strong is the parallel, really? I would really question this comparison:




The numbers on our federal debt are becoming frighteningly familiar. The debt is projected to equal 140 percent of gross domestic product within two decades. Add in the budget troubles of state governments, and the true shortfall grows even larger. Greece’s debt, by...

 •  0 comments  •  flag
Share on Twitter
Published on May 12, 2010 08:59
No comments have been added yet.


J. Bradford DeLong's Blog

J. Bradford DeLong
J. Bradford DeLong isn't a Goodreads Author (yet), but they do have a blog, so here are some recent posts imported from their feed.
Follow J. Bradford DeLong's blog with rss.