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…)
Tags: Credit Agency Warns U.S. and Others of Risk to Top Rating, Deficit, fiscal deficit, Moody's warning of AAA rating, Moody's warns U.S. and U.K on rating, ratings of Germany France Spain United states and United Kingdom, ratings of Western governments, U.S. AAA rating
Posted in Deficit, General | No Comments »
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