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Posts tagged "GDP"

Financial insolvency: What, me worry?

National debt, which was 120% of GDP in World War II, could reach 400% We’ve learned nothing from the recession. The American economy turned wretched because we borrowed too much. So, here we’re doing it again. And again. And again. In Chicago, Mayor Richard M. Daley is prematurely dipping into billions made from selling taxpayer-owned... Read more »

By Dennis Byrne,
December 15, 2009 at 1:12 pm

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  Dennis Byrne

  Chicago Tribune contributing op-ed columnist and author of forthcoming historical novel, "Madness: The War of 1812." Reporter, editor and columnist for Chicago Sun-Times and Chicago Daily News. Freelance writer and editor.

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