Someone thinks America will collapse soon...

[HappySqurriel]

NJ5 said:

So Obama and congress leaders finally made a deal which hasn't been voted on yet, "cutting" around $2 trillion (i.e. spending $200 billion less per year than previously planned, which still means spending will increase).

This is not the $4 trillion that S&P was calling for, so will the U.S. get downgraded?

You forgot to mention that a small increase in interest rates on government debt will soon erase all of these so-called cuts, and interest rates will likely increase by far more than that in the not too distant future ...