Canada’s Lessons for the U.S. Debt Crisis

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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