Quote:
Originally Posted by Jensen
as the comtroller general of the United States is telling 60 minutes, if the US keeps going, they won't be able to pay interrest on the loans in 10-20 years... :/
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Don't forget the sub-prime blowup, the hedge fund blowup and all the other blowups.
A healthy US economy makes for a happy global market.
I'm not saying the comptroller general is wrong. He's absolutely right.
But do more taxes = weaker USD? No, there's no direct correlation.
When the US focus is off the war on terrorism and the war in Iraq, that's when Social Security, Medicare and Medicaid will be in the spotlight.
The US needs to clean house, be thankful that gwb's 8 years are almost up.