November 27, 2014

Mississippi’s U.S. Senate Race Presents Referendum for Federal Spending

June 19, 2014
Mississippi Watchdog

Excerpt

“If you look at the trajectory over the next 40 years, the debt is projected to grow to about 215 percent of GDP (gross domestic product), which more than doubles our previous high right after World War II,” said Joshua Gordon, policy director of The Concord Coalition. “Those projections assume we won’t be embroiled in a large-scale international conflict like World War II, and they assume we have pretty steady economic growth for the next 40 years,” he added.