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Friday, January 21, 2011

State Bankruptcy Deal Is in the Works

“Policy makers are working behind the scenes to come up with a way to let states declare bankruptcy and get out from under crushing debts, including the pensions they have promised to retired public workers.” (New York Times)

The mind boggles at the size of the disaster the politicians have created.

FEE Timely Classic
“The Growth of Government in the United States” by Robert Higgs