Bad Pun Friday

11.30.12

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?