Steve Rattner discusses the sources of the current debt crisis, noting that the $14 trillion of total outstanding debt is only the tip of the iceberg; when the figures for unfunded Social Security liability and unfunded Medicare liability are taken into account, the figure is even more staggering.
“[a] surprisingly modest account…Rattner has a journalistic talent for the telling detail, resulting in a memorable tale of life in the middle of the economic meltdown...Rattner deftly draws portraits of the inhabitants of "the Oval" and the West Wing...Rattner has proved himself a gifted chronicler.”
-Time Magazine
