U.S. healthcare debate
Thoughts on U.S. Fiscal Policy
January 27, 2011
For three straight years, the federal deficit has hovered around 10% of GDP. Without policy changes, long-term fiscal trends will be unsustainable, but crisis conditions do not exist at present. The 3.44% ten-year Treasury yield is just 24 basis points above its average level since end-2009 and well below the means of 4.45% in the […] More
