Tag: Fiscal Cliff

  • What is Democracy?

    What is Democracy?

    I bet many of you have no idea what democratic institutions are. Whenever and wherever I go, the majority of people I face and engage in a discussion about democracy tend to define it the way they hear about it in the news. Today, TV, Internet, and Print media do offer a lot of insights…

  • Another Fiscal Flop by @nytdavidbrooks

    Another Fiscal Flop by @nytdavidbrooks

    Original Article Here Over the course of the 20th century, America built its welfare state. It was, by and large, a great achievement, expanding opportunity and security for millions. Unfortunately, as the population aged and health care costs surged, it became unaffordable.   Public debt as a percentage of gross domestic product was around 38…