Kotlikoff: US is Broke, Let's Face It

Thursday, 12 Aug 2010 03:40 PM
By: Dan Weil

Economists agree that if the U.S. government doesn’t get its fiscal house in order soon, a crisis will ensue.

But Lawrence Kotlikoff, an economist at Boston University, says the crisis already is here.

“Let’s get real. The U.S. is bankrupt,â€