Spagoodle on 03 August 2010
We have a hell of a lot more borrowing power then Greece, but we are definatley in trouble, especially if were dead set on growing are way out of this recession. Which isn't going to work.
The reality is pretty simple, cut spending and for the short term raise taxes. Ideally we would reform social security. All of that is a tough sell politcally so I doubt we do it, well not until things get a lot worse atleast.
