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The decline of USA: Is Obama up to the challenge?
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01-11-2009, 03:34 PM
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FloareTraurne
Join Date
Oct 2005
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553
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Obama is talking about a spending stimulas to jumpstart the US economy. But if you think about it, haven't they spend enough. The US is the largest borrower in the world. They have been over-comsuming for the last 20+ years. They should be talking about saving, or at least, reducing debt.
Most of the US talkshows are talking about frugal living, reducing the credit cards' debts, discouraging Americans from taking loans from their 401K plans.
Redbull313: take heart! ...... why so quiet? Jealous?
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