Bad Pun Friday
11.30.12 3:37 PM ET
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?