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April 25, 2012

K-12 Tax & Spending Climate: The debt debate

Gillian Tett:

In US election year, voters and politicians face a wake-up call on the budget deficit.

White House Burning The Founding Fathers, Our National Debt and Why it Matters to You, by Simon Johnson and James Kwak, Pantheon, RRP$26.95, 368 pages

Last year, the Washington Post newspaper and ABC television channel conducted a poll that showed that 95 per cent of Americans wanted to cut their country's budget deficit by reducing government spending (either alone, or with tax rises). No surprise there, you might think: the issue of America's debt has come to dominate the political debate this year as the fiscal problems have worsened.

Taxes & statistics.

Posted by Jim Zellmer at April 25, 2012 1:54 AM
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