RT Worlds Apart January 26, 2018
Is not good either when it comes to fiscal policy because you have this true debt of the country which we call the fiscal gap which takes into account all the debts that are off the books and those are growing every year. Because the baby boom generation which is very large number is getting closer to collecting its benefits from pensions and health care and as it gets closer to the present value cost the cost in the presence of those future benefits gets larger so we have a debt thats growing around six trillion a year actually our fiscal gap is about two hundred trillion you said that that i...