Topic: 4) A Random Walk
Brad DeLong, author of an extensive blog on economics, posted the following chart on the federal deficit:
(original post)
When I think about this juxtaposed against the Washington Post's article breaking about 45 minutes ago on regulating Fannie Mae (article) and probably the cost of all of the other programs that may be on the table ... well I've never done controller work for something the size of the federal government, but all I can say is that this is "THE" right time to make sure that leadership, financial analysis, and execution come together. I am not sure what management assumptions DeLong used to project out the financial deficit, but I hope that someone is paying attention.
Steve Shu
Managing Director
S4 Management Group
Email: sshu@s4management.com
Web: http://www.s4management.com
Posted by sshu-s4 (c) S4 Management Group LLC
at 11:47 PM CDT
Updated: September 28, 2004 8:49 PM CDT
