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enue sufficient to support entitlement spending + interest payments until ZOG0E — 35 years later than current projection. Note: *Carmen Reinhart and Kenneth Rogoff observed from 3,700 historical annual data points from 44 countries that the relationship between government debt and real GDP growth is weak for de
g The entitlement programs are not self-funded...they are unfunded liabilities. They are the single biggest component of spending going forward. -- Ben Bernanke, Chairman of the Federal Reserve Testimony before House Budget Committee, June 9, 2010 The time we have is growing short...there are serious questio
rs own 46% (and rising) of USA Inc.’s debt, per Treasury Department — Are they going to keep funding USA Inc.’s spending? Note: *Carmen Reinhart and Kenneth Rogoff observed from 3,700 historical annual data points from 44 countries that the relationship between government debt and real GDP growth is weak for deb
ional Budget Office, 11/10/2009 KP www.kpcb.com USA Inc. | What Might a Turnaround Expert Consider? 248 HOUSE_OVERSIGHT_020965 An Observation from Ben Bernanke, Current Chairman of the Federal Reserve A famous economist once said anything that can’t go on forever will eventually stop, and this [government
Department of Economics, Harvard University, v. November 9, 2009 Economics 1545: International Financial and Macroeconomic Policy Professor Kenneth Rogoff Time and Place: Fall 2009; M, W, 1—2:30 pm., Sever Hall 203 Office Hours: Littauer Center 216. Mondays 3-4 PM, or by appointment Email: SE (V8. Whe
Page: HOUSE_OVERSIGHT_019396 →TION: ADVANCED COUNTRIES *Obstfeld, Maurice and Kenneth Rogoff, "The Six Major Puzzles in International Macroeconomics: Is There a Common Cause?" in Ben Bernanke and Kenneth Rogoff (eds.), NBER Macroeconomics Annual 2000 (Cambridge: MIT Press), pp. 339-390 (Comments 390-412). Lecture notes. *Obstfeld and Rogo
Page: HOUSE_OVERSIGHT_019400 →Entities connected to both Kenneth Rogoff and Ben Bernanke

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Carmen Reinhart
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Ireland
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Rogoff
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