October 2, 2014

Panelists Discuss U.S. Fiscal Crisis

October 16, 2012
The Dartmouth

Excerpt

The panel featured Sarah Morse ’15, Adrian Ferrari ’14, public policy professor Charlie Wheelan ’88 and (Robert) Bixby, the executive director of the Concord Coalition, a nonpartisan think tank that focuses on budget issues.

Students are particularly concerned about the fiscal crisis because they will soon enter the work force, according to Bixby.

“Students should be interested because the future is going to affect them the most,” Bixby said. “If the debt burden becomes so high that it hampers the economy, then the slow growth that we’ve be seeing in the recent years will be a more lasting phenomenon, and that clearly has an effect on younger people who are entering the work force looking for jobs.” 

. . . Bixby discussed mandatory and discretionary government spending. Given the aging American Baby Boomer population, the cost of programs like Medicare will increase to accommodate the increase in recipients, Bixby said.