Another "Chicken Little"

"Greg Pavlov" wrote in message
...

http://www.nytimes.com/2004/01/08/bu...08FUND.html?hp

I thought it was pretty interesting when I saw it this morning, so I printed
it off and put in my briefcase to bring home. Here's the actual report. I am
extremely doubtful that politicians will be able to look beyond the next
election and make the decisions that need to be made. As they say, ". . .a
combination of cyclical, geopolitical, and policy factors have erased a
decade's worth of fiscal consolidation, just a short time before the
retirement of the baby boom generation begins."

Here's the IMF report:

http://www.imf.org/external/Pubs/NFT/Op/227/index.htm

Bob