Thursday, July 04, 2013

Is the United States the Brokest Nation on Earth?

Is the United States the Brokest Nation on Earth? | Power Line:
"Mark Steyn refers to the U.S. as the brokest nation in history, and in purely quantitative terms–$17 trillion–the proposition is not debatable.
But Cato’s Dan Mitchell takes the analysis a step further.
This chart, from the Organization for Economic Cooperation and Development, suggests that the U.S. is in worse fiscal condition than any developed country other than Japan and New Zealand. Greece?
We should be so lucky!"

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