Sunday Forum: The Debt Bomb
Publication Date: September 2008
Publisher(s): Tax Policy Center
Author(s): Rudolph G. Penner
Special Collection: John D. and Catherine T. MacArthur Foundation
Keywords: Elderly; Economy; Federal Budgets & Fiscal Policy; Retirement/Pensions
Pittsburgh Post-Gazette op-ed, September 28, 2008. The current financial crisis poses a severe threat to the economy, but it also creates a tremendous opportunity, writes Rudolph Penner in the Pittsburgh Post-Gazette. It gives politicians cover for undertaking painful actions to get the long-run deficit under control-actions that should have been taken long ago.