Simon Johnson
Flirting with Disaster
Solving the Federal Debt Crisis
PIIE, 2013
What's inside?
Though the US is not yet on the verge of a fiscal crisis, it must address its long-term revenues and expenses.
Recommendation
Economist Simon Johnson succinctly outlines the danger of excessive public spending cuts to the US economy. He proposes progressive policies that he suggests could lead the US economy back toward sustainable growth and increased federal revenues. Although always politically neutral, getAbstract advocates this worthy report as a subject for debate among scholars as well as members of the executive and legislative branches of government.
Summary
About the Author
Simon Johnson is the Ronald A. Kurtz professor of entrepreneurship at MIT’s Sloan School of Management.
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