Routledge On Borrowed Time - Routledge Federal Entitlement Spending Book

Explore the critical economic realities of the American federal budget with On Borrowed Time. Published by Routledge, this volume examines how the rapid growth in entitlement spending impacts the future of the nation. As Social Security, Medicare, and federal pensions become larger portions of the federal budget, many view these programs as a threat to the American Dream. Authors Peterson and Howe provide a deep look into the fiscal challenges facing American workers. The book argues that current spending patterns create a heavy burden on the workforce by sacrificing long-term stability to fund immediate benefits. By examining the data, the authors address common misconceptions and clarify where these funds actually go. This is an essential read for those interested in business, finance, and governmental accounting, offering a clear perspective on the sustainability of national programs and their effect on the economic landscape.