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The economist counting down to America's debt doomsday

e was once called “Dr. Doom and Gloom” on Wall Street. Not everything has changed for Kent Smetters, who runs the Penn Wharton Budget Model. His economic predictions remain gloomy, but imminent doom isn’t around the corner. In his view, doom will land on America’s doorstep between 2045 and 2050, the breaking point for the U.S. economy.  [...]