Financial Times FT.com

American dream needs repair

By Clive Crook

Published: November 15 2009 19:25 | Last updated: November 15 2009 19:25

Staircase to prosperity

Sooner or later the US will find itself grappling with an immense fiscal problem. The recession and stimulus have combined to produce record-breaking deficits, and economic recovery will not come close to restoring balance. US voters have big questions to answer about the entitlements they demand and the taxes they are willing to pay.

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