America’s Next Financial Crisis Is Already Here

11:06 am in Economic News, General News by A. Walker

In spite of talking about freezing government spending, President Obama reminded everyone during the State of the Union just how out of touch he is about the defining issue of our time — the fiscal dysfunction that threatens to rob future generations of today’s living standards and jeopardizes the global financial system. National debt has grown by $3 trillion since Obama took office, the most rapid growth under any president since FDR’s wartime

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