It will take a minimum of a decade to meet the USA’s present need to reduce spending and reduce the burden of its borrowed debt

Flirting with the Great Depression 2.0

- Alan Caruba Saturday, August 6, 2011
POLITICO Breaking News:
August 5, 2011

“Credit rating agency S&P has downgraded U.S. debt from AAA, the first debt downgrade in U.S. history, the Associated Press reported.