Quote:
Originally Posted by Baraka_Guru
Governments aren't that much different when it comes to capital flows. The issue is that America has had a difficult time lately. As far as I know, however, America still has a AAA bond rating. It's not that they can't pay their debt; it's that they're not. Bush had a chance to pay it down, but he blew it...on warfare.
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And Obama has blown at least as much in just the last two budgets on his giveaways. Based on projections I've seen, the deficit isn't projected to drop below $1 trillion per year until after Obama gets thrown out of office in 2012.