Think 2013 Debt Crisis Is Bad? Just Wait 50 Years

Think 2013 Debt Crisis Is Bad? Just Wait 50 Years

When the shape-shifting crisis over funding the government and raising the debt ceiling is finally over, one incontrovertible fact will remain. Unless the U.S. political system can start dealing with fiscal issues on a time frame that transcends short-term fiscal-year deadlines and tactical posturing for the next election cycle, things are really going to suck in the year 2038.

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