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Posts Tagged ‘Credit Agency Warns U.S. and Others of Risk to Top Rating’

Is the U.S. Headed for AA Rating?

Posted by Larry Doyle on March 15th, 2010 3:37 PM |

Living beyond one’s means is not a path to long-term prosperity. While America is still the greatest nation on earth in so many regards, a glaring problem within our society is the predilection of our government to think that massive deficits do not have real implications. Washington politicians are forever spending what we as a nation do not have in order to maintain their own positions of power. That is a path to mediocrity, if not worse.

Who is sending a warning shot today across our fiscal brow on this most important of topics? (more…)

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