Monday, July 25, 2011

Crisis of the Old Order

Robert Samuelson has an excellent article on what is holding back our recovery. The crisis of the old order (welfare state/economic growth/global trade) is a stumbling block not just for the U.S. but most of the world. We have a higher % of people turning 65 in the next couple decades which translates into even greater concern about the sustainability of the welfare state structure.