Rezension:
Could you send me an application form? ginseng in arizona Both statements by Lew and Elmendorf mention the spike in the debt, as a percentage of the economy, after World War II. But Elmendorfs reference is more troubling, because he is talking about debt that built up over the decades, not debt that was required for a short-term emergency, such as war or a recession. Such a debt load would be extraordinarily difficult to reduce, which is why the CBO director is raising a warning flag now.
