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Political & Elections -> Economics, Philosophy and Isms -> Moody's and S&P Threaten to Spank Uncle Sam
Post Info TOPIC: Moody's and S&P Threaten to Spank Uncle Sam
BigG


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Posts: 825
Date: Jan 13, 2011
Moody's and S&P Threaten to Spank Uncle Sam
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Concerns about US debt;

http://online.wsj.com/article/SB10001424052748703583404576079311379009904.html?mod=WSJ_hp_LEFTWhatsNewsCollection

Monetize the national debt.

Then do not borrow any more.

Why suffer the death of a thousand cuts and expire in a few years when one can cut off an arm and live for decades?

We cannot grow our way out.
We cannot raise taxes that much.
We cannot "starve the beast". (That got us into this mess!)

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Political & Elections -> Economics, Philosophy and Isms -> Moody's and S&P Threaten to Spank Uncle Sam


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