Friday, January 11, 2008

You Don't Know From Credit Crunch!

If you think 2007's subprime mortgage crisis was fun, just wait for this one. According to Moody's, growing entitlement spending could put the Federal government's Triple-A rating at risk in as little as 10 years.

Do we need to fix Social Security? Cut back on Medicare? It's either that, or slash a lot of spending and raise a lot of taxes in other areas.

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