the Vice President of International
Programs at the Atlas Economic
Research Foundation, Tom Palmer,
argued that Australia had twenty
years to steer a different path or end
up like Greece. He argues that the
United States only has around ten
appear inflammatory, his warning is
not inconsistent with the Australian
Government's own conclusions.
the Treasury was commissioned to
write an Intergenerational Report
the Institute of
Public Affairs talks
about our future
challenge of our lifetime will
be making our social safety
net sustainable.
crippled by debt. European countries
are getting bail outs that barely address
their longer term budgetary problems
created by compounding excessive
dollars. The United States faces a
uncertain future with structural spending
likely to continually increase debt levels
and annually make any correction
harder to address. While Australia's
comparatively low debt levels may give
us comfort, we are travelling the same