Let's Get Fiscal: What's the Big Picture?
The fiscal problems of the United States are complex and daunting. But if you take the 30,000 foot view, here are two facts that strike the eye:
The US budget deficit is about 7% of GDP (and dropping fast).
The US spends almost 7 points more of GDP on healthcare than the developed country norm.
Are you thinking what I'm thinking?
About the Author
David Frum
David Frum is a contributing editor at Newsweek and The Daily Beast and a CNN contributor. He is the author of eight books, including most recently the e-book WHY ROMNEY LOST and his first novel Patriots, published in April 2012.
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