Drowning in debt

Global recovery hinges on U.S. fiscal restraint


By Troy Media: Jonathan Emord, Inside Washington
Sunday, September 26, 2010

WASHINGTON, D.C., Economists are concerned that fiscal policies in the United States producing an ever-growing debt atop high unemployment levels will make it impossible for Canadian and European economies to recover from the recession.

Recently resigned White House Budget Director Peter Orszag has admitted that the U.S. is “on an utterly unsustainable fiscal course,â€