America's GDP growth is predicated on a rising tide of personal and federal debt. With rising interest rates and stagnating incomes, with retiring baby boomers and outsourced industries, it remains to be seen whether the economy can withstand a storm on this sea of red ink. View the enormous federal deficits and its relation to growth. |
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At www.nwprogressive.org
OpedNews volunteer from 2005 to 2013.
Amanda Lang was a wonderful member of the Opednews team, and the first volunteer editor, for a good number of years being a senior editor. She passed away summer 2014.