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2009-03-26 Economy

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Posted by 2009-03-26 00:00|| || Front Page|| [1 views ] Top

#1 We already have unsustainable debt.

Posted by newc">newc 2009-03-26 14:20|| 2009-03-26 14:20|| Front Page Top

Yes, our debt as a percentage of our GDP could some day exceed all the money our country produces at this rate. Some experts attribute the largest cost as Medicare/Medicaid Part D prescription drug coverage for Seniors. There is an interesting Frontline Edition at this link:

http://www.pbs.org/wgbh/pages/frontline/tentrillion/view/

Its well worth spending an hour to watch this---it examines how our deficit is already headed off the charts, and some reasons why. Although far from fair in doling out criticism, it was still thought provoking.

Posted by GirlThursday 2009-03-26 15:55|| 2009-03-26 15:55|| Front Page Top

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