Is the US in denial over its $14tn debt?

Is America in denial about the extent of its financial problems, and therefore incapable of dealing with the gravest crisis the country has ever faced? This is a story of debt, delusion and - potentially - disaster. For America and, if you happen to think that American influence is broadly a good thing, for the world. The debt and the delusion are both all-American: $14 trillion of debt has been amassed and there is no cogent plan to reduce it.

2011-06-27

 USA debt politics economy denial psychology

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