Description: If Washington is deadlocked now, how will it deal with the much bigger debt problems that lurk in the decades to come?

Source: Businessweek.com
 
Date: 07/27/2011

Link:   http://www.businessweek.com/magazine/why-the-debt-crisis-is-even-worse-than-you-think-07272011.html

Questions for discussion: 

• Summarize the key points made in the report.
• What are the implications for the economy?
• How should government manage the current situation?
• How should investors view the near and longer term?