You’ve heard the refrain: State and local governments have run out of money and they need to balance their budget with taxes and service cutbacks. While it’s a popular notion espoused by the news media, it’s not true, as told by our guest, Walter Burien, who points to the data contained in a set of documents known as the Comprehensive Annual Financial Report (CAFR).
Tag Archives: CAFR
Walter Burien asserts that contrary to popular belief, the public sector isn't broke
Filed under Government & Organizations, National, News & Politics
Walter Burien exposes the sham accounting records of government agencies
As shocking as it may seem, the aggregate investment, gross income, and wealth controlled by government agencies in the U.S. exceeds the entire private sector.
Filed under Government & Organizations, National, News & Politics
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