Okay, while I am not one to rant and rave about Obama, however BOTH parties are to blame for this mess. The two parties are arguing over discretionary spending, which only makes up 12% of the federal budget. You read in the headlines that billions, if not trillions, will be saved over a period of decades; this is just kicking the can down the preverbal "road". Congress has not even begun to approach the enormous issues of entitlements or any of the other 5 ton elephants in the room. Our government on all levels (Federal, State & local) are like crackheads, and in this case the "crack" being a metaphor for money, so to use the line from Charlie Sheen in his infamous television interview, "I was banging 7 gram rocks, because thats how I roll". However, the voters are the only ones that can send the government to rehab, but I don't see that happening anytime soon because in general Americans don't even understand the concept of a budget let alone economics. Research the average national savings rate for the U.S and it will be around 5% and then look up China's and it hovers comfortably around 38%+. For me, the savings rate is a snap shot of the American mentality when it comes to money, it ain't purdy.
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