Thurston Powers, E21
Many states across the nation are struggling with long-term financial liabilities. But not all liabilities are the same. Some are riskier than others. While we all intuitively know this, the way that the liabilities of state and local governments are reported often disguises and understates (or overstates) risks and costs. Presenting policymakers and the public with the range of potential outcomes could avert some fiscal crises. Read more here....
by George P. Shultz via PolicyEd
Former Secretary of State George Shultz discusses the importance of strengthening our nation’s leadership, the impact other countries have on the United States, and the dangers of making empty threats.