In response to:

Obama’s "Really Stupid, Stupid, Stupid Sequester"

Marhefka Wrote: Feb 21, 2013 8:30 AM
Five percent of 20 Trillion is exactly one Trillion. This is what the interest will be after Obama gets the debt up to 20 T. Five percent is an estimate of what the interest rate will be. This is unfathomable But, even most Republicans are not willing to cut spending. No one wants to cut spending because then they won't be re-elected. What is the answer? I don't have one!!.
Herb3 Wrote: Feb 21, 2013 8:53 AM
The answer is the States cancelling their further participation in Federal Government. DC GO HOME....DC GO HOME.... Pay "Provide for the Common Defense" from tariffs & duties on imports. With the Fed out of the way, Capital and good jobs would rush into the States offering the most favorable conditions.....Prosperity in the Private Sector.......Prosperity in the private sector to pay for infrastructure and private charity to take care of those who can't....Not those who won't. State Sovereignty Movement....the quickest way back to prosperity for the most. Your thoughts?
Joe 145 Wrote: Feb 21, 2013 8:49 AM
The answer can easily result in the loss of the republic. This is the end-game anyway, but with President Obama, we are heading toward it full speed. "Fundamental transformation" is a one-way street.

In the opaque world of sovereign debt credit ratings, one of the most important issues facing a rating agency is a country’s economic growth.

One of the reasons why the United States has had such large deficits is because economic growth for the last decade and a half has been anemic. 

I highlight that here because recently I took umbrage with the Congressional Budget Office projections on the U.S. economy and the country’s budget deficit, writing for Townhall about the budget problems we will face once interest rates begin to rise.

The “thorny problem with the CBO forecast is that after this...