There has to be a down grade in our credit rating or S&P, Fitch and Moody's will be shown as untrustworthy.
The good reports you're reading about are forecasting resilience in a market place. It's a grass roots ability to continue to persevere.
I'm not happy with Obama's plan and it is rather vague but it leaves a whole lot of room for negotiation.
Congress must reduce the Military. If they don't want tax increases they have left themselves with no other alternative. Social Security and Medicare downsizing is a tax increase. Since I've been paying into them for the last 40+ years any reduction in services is a financial burden.
“To be yourself in a world that is constantly trying to make you something else is the greatest accomplishment.” ---Ralph Waldo Emerson
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