Aftermath 2022 Blog
Amateur speculations on the State of the Economy
Monday, June 24, 2013
Doomsday Scenario
Glenn Hubbard
Hubbard's main argument is that the US must reduce its long-term deficit, and that if it's not addressed, then within 20 years the US will see a "doomsday scenario" of virtually
no social spending
and monstrous taxes.
Read more:
http://www.businessinsider.com/glenn-hubbards-doomsday-scenario-2013-6
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