Economist Tells Congress: U.S. May Be in ‘Worse Fiscal Shape’ Than GreeceWhile many of us in the US are not worried about Greece and believe they are far worse economically than us, we may want to pay close attention to what an economists recently revealed to the Congress. According to the report the U.S. has a $210 trillion “fiscal gap” and “may well be in worse fiscal shape than any developed country, including Greece,” Boston University economist Laurence Kotlikoff told members of the Senate Budget Committee in written and oral testimony on Feb. 25. “The first point I want to get across is that our nation is broke,” Kotlikoff testified. “Our nation’s broke, and it’s not broke in 75 years or 50 years or 25 years or 10 years. It’s broke today.  “Indeed, it may well be in worse fiscal shape than any developed country, including Greece,” he said. “We have a $210 trillion fiscal gap at this point,” Kotlikoff told the senators, which amounts to 211 percent of the U.S.’ $18.2 trillion GDP, making it higher than Greece’s 175 percent debt-to-GDP ratio. FULL REPORT