The International Monetary Fund, no fount of liberal propoganda, warns the the bloated US deficits will cause a world economic downturn unless they're brought under control. The prospect of inflation, which will increase the cost of US borrowing to finance the huge deficits, is imminent. The US must act now, the IMF report says.
And of course we haven't heard a peep about this from Bush; and hardly a peep from Kerry, even though the US populace is worried about the deficits too, and would willingly swap tax decreases for decrease in the deficit.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment