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The American Empire in a Changing World



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Wednesday, March 28, 2012

Book Review: "White House Burning"

From Counter Punch

"The basic thesis of White House Burning is that the country is on an unsustainable fiscal path. Unlike some of the Chicken Littles leading the budget debate, Johnson and Kwak are responsible in how they lay out the case. There is no nonsense about runaway government spending. They explicitly refute this story. Most categories of government spending, except defense, have remained constant or fallen as a share of GDP since the budget surplus days of the late 90s."

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