The Vicious Cycle That Is Bringing Down European States Is Not Going To Hit Us [the Usa], At Least Not For A While, At The Level Of The Federal Government. The Same Cannot Be Said Of State And Local Governments.

-Michael Lewis

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The Vicious Cycle That Is Bringing Down

Michael Lewis

The Vicious Cycle That Is Bringing Down European States Is Not Going To Hit Us [the Usa], At Least Not For A While, At The Level Of The Federal Government. The Same Cannot Be Said Of State And Local Governments.

Topic

Government

Usa

Levels

Managers Tend To Pick A Strategy That Is The Least Likely To Fail, Rather Then To Pick A Strategy That Is Most Efficient," Said Palmer. " The Pain Of Looking Bad Is Worse Than The Gain Of Making The Best Move.

Pain

Moving

Gains