View Single Post
Old 07-26-2011, 04:49 PM  
Vendot
Confirmed User
 
Industry Role:
Join Date: May 2002
Location: Malaysia
Posts: 3,376
They need to increase taxes but more importantly cut on spending. It needs to be a combination of the two things taken together.

Otherwise, the USA is gonna hit the debt limit again and very soon. If they dont fix this then a default is coming inevitably at some point whether they raise the limit or not. This should be obvious as daylight to most people.
Vendot is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote