jeffchr
Well-Known Member
Paul Krugman is an established, non-partison (IMO) international economist. I just read an article by Mr. Krugman which may put the American debt in perspective. The link to this article is http://www.huffingtonpost.com/2009/11/30/krugman-deficit-hawks-try_n_373976.html.
Basically, the article contains direct quotes from Mr. Krugman, within context, claiming that the U. S. is well-positioned to handle the debt current and future debt. It also contains a video discussion of the cost of the war in Afghanistan.
This article, coupled with the fact that U.S. creditors are continuing to extend credit leads me to a position of comfort with our wonderful President, Sir Barach Obama. Eat me. (kidding, sort of)
Basically, the article contains direct quotes from Mr. Krugman, within context, claiming that the U. S. is well-positioned to handle the debt current and future debt. It also contains a video discussion of the cost of the war in Afghanistan.
This article, coupled with the fact that U.S. creditors are continuing to extend credit leads me to a position of comfort with our wonderful President, Sir Barach Obama. Eat me. (kidding, sort of)
