THE AMERICAN JOURNAL

US debt will keep growing even with recovery

  WASHINGTON – It’s bad enough that Greece’s debt problems have rattled global financial markets. In the world’s largest economic and military power, there’s a far more serious debt dilemma.

For the U.S., the crushing weight of its debt threatens to overwhelm everything the federal government does, even in the short-term, best-case financial scenario — a full recovery and a return to prerecession employment levels

Read more: AP

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February 14, 2010 - Posted by | Uncategorized | ,

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