President Obama has declared that the United States is above the laws of economics. Taking a risk by buying into America's debt is not really a risk, apparently. The U.S. is impervious to the financial troubles that plague other countries who operate their governments at a higher annual cost than their GDP.
It looks like a duck and it sounds like a duck, but it's not a duck... Or is it?
No question that the problem can be fixed. None at all. The question is, when will Americans and the U.S. government wake up to the fact that more taxing and more spending is not the answer to our financial problems.
Cartoonist Mike Lester says it well:
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