The American Civil Rights Union Presents
America's Ticking Bankruptcy Bomb
In America's Ticking Bankruptcy Bomb, ACRU General Counsel and Carleson Center Senior Fellow Peter Ferrara, exposes the record-shattering government spending, taxes, deficits, and debt that are threatening the present and future of America's economy.
The welfare state is melting down. State and local governments are reeling under the burden of runaway public-employee pensions, dysfunctional education bureaucracies and belligerent public-sector unions. The state governments have always turned to the federal government to bail them out. But, now the federal government is broke.
America's Ticking Bankruptcy Bomb documents the looming collapse of the American social safety net and describes what will happen if the federal government goes bankrupt. Ferrara shows how America can enjoy a new economic boom by presenting a clear vision for the way forward through "prosperity independence."
“As Ferrara correctly sees it, the U.S. doesn't presently suffer a lack of energy or ideas, rather its economic outlook has been weakened through bipartisan policy failure. And with anti-growth policy the author of every real economic downturn since the dawn of civilization, Ferrara seeks a 180 degree turn back to what has always worked.” — John Tamny, Real Clear Markets
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