An op-ed by PGPF Founder and Chairman Pete Peterson is featured today in USA Today. The opinion piece, "America Can't Afford Greek Complacency," shares Pete's perspective on the fiscal challenges Greece is currently facing and the lessons America could learn from this crisis. An excerpt from the piece:
"While American debt can inflict pain on its citizens the same way that Greece's has, one critical comparative advantage we have is time. This time gives us a wider range of options to choose from, and to make decisions on our own terms. Because a major fiscal crisis is not right in front of us, we can implement reforms that are sensible, gradual and compassionate."
Read the op-ed in its entirety. For more of the Foundation's statements and press releases, click here.