Economist David Henderson discusses the U.S. debt crisis and what we can learn from how Canada handled its own looming fiscal catastrophe in the mid-1990s.
Related material:
Mercatus Center Working Paper No. 11-25, "Canada's Reversed Fiscal Crisis" by David R. Henderson and Jerrod Anderson (May 2011)
Mercatus Center Working Paper No. 10-52, "Canada's Budget Triumph" by David R. Henderson (August 2010)
More on the U.S. debt crisis deal in Congress from Tax Foundation analyst Nick Kasprak here.
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