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Ozdy3P

Ozdy3P

fraserinstitute.org

Contents Executive summary / iii Introduction / 1 Why do we care about government debt? / 2 Contrasting household with government debt / 4 Debt burden: California vs. Ontario / 6 Understanding California’s debt burden / 9 Understanding Ontario’s debt burden / 14 Suggestions for the future / 18 References / 21 About the authors / 24 Acknowledgments / 25 Publishing information / 26 Supporting the Fraser Institute / 27 Purpose, funding, & independence / 28 About the Fraser Institute / 29 Editorial Advisory Board / 30 fraserinstitute.org / i

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