America's looming debt reckoning
CAMBRIDGE — America’s fiscal position is increasingly looking like a train hurtling along a twisting mountain track. No one seems willing to slow down for fear of falling behind schedule and losing their job. Even if the train doesn’t crash, it is worth asking: Why keep pushing it? Despite solid growth, the federal deficit is about 6 percent of GDP. Yet the option of slowing down does not appear…
Read original article on Korea Times News →Related news
-
KAIST's HBM pioneer honored with S&T Innovation Award
-
US bases overseas are becoming prime targets
-
Arms agency to accelerate development of nuclear-powered subs, AI-driven combat systems
-
Samsung showcases next-generation AI memory at OCP, highlights AMD partnership
-
Assembly speaker discusses defense, shipbuilding cooperation with Greek president
-
Hackers heat French supermarket fridges, sparking fires and spoiling food
-
Lee stresses importance of US alliance, says differences can arise between countries
-
Lexus launches all-new ES sedan in Korea with first all-electric variant