Going for Broke : Deficits, Debt, and the Entitlement Crisis
Book Details
Format
Hardback or Cased Book
ISBN-10
1939709741
ISBN-13
9781939709745
Publisher
Cato Institute
Imprint
Cato Institute
Country of Manufacture
US
Country of Publication
GB
Publication Date
Jun 7th, 2015
Print length
190 Pages
Weight
474 grams
Dimensions
23.80 x 16.20 x 2.50 cms
Product Classification:
Political economyHealth economicsPopular economicsPublic finance
Ksh 2,700.00
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Our growing national debt has dropped out of the headlines recently—but that doesn’t mean that the problem has gone away. The national debt recently topped $17.5 trillion, and is projected to reach $27 trillion by 2024. Worse yet, if you include the unfunded liabilities of Social Security and Medicare, the U.S. real indebtedness exceeds $83 trillion. Despite these undeniable facts, politicians from both parties continue to avoid making the difficult decisions that must be made.
Social Security, Medicare, and Medicaid alone account for 48 percent of federal spending today, a portion that will only increase more rapidly with the newest entitlement program, Obamacare. The truth is that there is no way to address America’s debt problem without reforming entitlements.
Going for Broke provides a critical, in-depth analysis of these entitlement programs and lays out much needed solutions for real reform.
Social Security, Medicare, and Medicaid alone account for 48 percent of federal spending today, a portion that will only increase more rapidly with the newest entitlement program, Obamacare. The truth is that there is no way to address America’s debt problem without reforming entitlements.
Going for Broke provides a critical, in-depth analysis of these entitlement programs and lays out much needed solutions for real reform.
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