Government fiscal problems have reached crisis proportions and generated headlines all over the country. In Oregon, schools are forced to close early because money to operate them runs out. In New York City, firehouse closings cause celebrity-studded neighborhood protests. Twenty-two state governors, from both parties and all regions of the country, have proposed tax increases to make up for falling revenues, rising expenses, and falling federal support. In Washington, the federal government projects a half-trillion-dollar deficit. The fiscal crisis in government at every level is the most sev... View More...
