Monday, December 12, 2005

The Skeptical Optimist: Our Grandchildren's Debt Burden in 2050: 540 scenarios

The Skeptical Optimist: Our Grandchildren's Debt Burden in 2050: 540 scenarios: "In this model, National Security spending will remain pegged at 4�% GDP, for two reasons: (1) I%u2019m assuming we learned our lesson after allowing it to drop to 2.9% during the regrettable late 1990s period of surplus-worship; and

(2) My granddaughter%u2019s security is nonnegotiable."

Something to look at and think about. How are you preparing your children for some of these futures?

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