Friday, April 29, 2016
Peterson Foundation President Has OpEd in Time Magazine on Millenials and National Debt
For the April 25 cover of TIME, James Grant offered his opinion on America’s national debt, which is at its highest level since 1950 and is on a path to grow rapidly in the coming decades.
While there are many dangerous consequences of America’s fiscal outlook, absent a solution, no one will feel more pain than the next generation.
This election year, young people are playing an important role in choosing America’s next leaders.
But are the candidates paying enough attention to how fiscal uncertainty will affect economic security for these young people?
Millennials, now the single largest American generation, face a unique set of challenges...