Economic Program | Memo

United States vs. Europe — Through the Looking Glass

by David Hollingsworth and Lauren Oppenheimer

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Ten years ago, Europe faced a looming debt crisis but economically, fiscally, and demographically they buried their heads in the sand, were afraid to confront voters with the truth about their fiscal situation, and now face draconian measures that may not even be enough.

In this memo we explain that it’s not too late for America to make modest changes today. And we warn that our future is Europe if we don’t.

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