Posted by & filed under Economic Analysis, Governments & Regulators.

Description:    “How my G.O.P. destroyed the U.S. economy.” Yes, that is exactly what David Stockman, President Ronald Reagan’s director of the Office of Management and Budget, wrote in a recent New York Times op-ed piece, “Four Deformations of the Apocalypse.”

Source:  Marketwatch.com
  
Date: 08/10/2010

Link: http://www.marketwatch.com/story/reagan-insider-gop-destroyed-us-economy-2010-08-10?pagenumber=1

Questions for discussion:

  • Summarize the comments made in this article that relate to the role of governments in financial matters?
  • What are the similarities and differences between the financial management of a company and that of a country? 
  • What is your opinion of the current state of financial affairs and how they are impacting on business financial planning?

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