Demystifying the Present Deficit

John ArmstrongCurrent Affairs, Economy/Economics

A member of our ACT 3 board is a financial adviser. He recently provided an article to me about the federal deficit that is one of the finest, and most clearly balanced, articles that I have read. I am not a professional economist and do not always know what to make of our deficit problems. I know deficits are not good but I am prone to be influenced by the gloom and doom futurists too easily. I think this link provides a helpful and careful analysis that many of you will find useful. This article is available as a pdf download at this link.