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Bloomberg Businessweek: Blues Brothers

The push to get the U.S. to address its long-term debt began in theyears after the Vietnam War, when the economic growth that followed World War II began to sputter. A handful of activists spied trouble on the horizon. “Once growth in the United States began to slow, it sharpened the realization that government probably could not afford all of the commitments it had made,” says Allen Schick, a political scientist and budget theorist at the University of Maryland.

From Bloomberg Businessweek:
Blues Brothers

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Alan Simpson and Erskine Bowles have seen the $16 trillion apocalypse. America’s response? Crickets

(Story from March 4, 2013 issue)View Full Story

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