Where is the US economy headed?

America has a debt problem and a failure of leadership.

Increasing America’s debt weakens us domestically and internationally.

Fed Stands by Bond Purchases as Long-Term Rates Rise

BY LUCA DI LEO

Federal Reserve officials were unfazed by a rise in long-term interest rates at their December policy meeting, noting that rates were increasing partly because the U.S. economy was getting stronger, as they had hoped would happen, according to minutes of the meeting released Tuesday.

Officials also expressed a commitment to a controversial $600 billion Treasury bond-buying program, announced in November. It is aimed at holding interest rates down and spurring economic growth. The program, which runs through June, is also meant to drive investors into riskier investments, ...

And the pool of pending foreclosures is so large that it is likely to be a drag on the market for years.

He is a news commentator, good guy that does good work, and very sane, probably far more sane than many posters here.

You are evading the question. OK by me, but don't pretend otherwise.

You should try climbing into the current century by reading and listening to media; but you still must use caution before you believe everything you see or hear.

parados wrote:

You don't solve problems by finding who to blame okie. You especially don't solve problems when you assign blame without facts.

You certainly do not solve problems until you correctly identify the problem. The problem is overspending and the creation of huge entitlements, which now comprise much of the budget.

Obama is in process of creating more entitlements as we speak, one called Obamacare. Another was Bush's Prescription Drug Plan, so big spending Republicans are also part of the cause the problem. We need to avoid electing Democrats because most of them are big spenders, and we also need to avoid electing big spending Republicans. We need conservatives that believe in balanced budgets, thats who we need.

There's nothing new under the sun. People are people. The same principles of rhetoric and disinformation apply now as did in the Roman Empire.

Quote:

He is a news commentator, good guy that does good work, and very sane, probably far more sane than many posters here.

This explains loads - you bow down in der fuehrer's face.

American Psycho and extreme right wingnut Glenn Beck has gone beyond the pale, even for him. He is now comparing the current Healthcare bill with Nazi eugenics which ultimately culminated in the holocaust. Beck is a LIAR when he claims the bill contains verbiage which says the government will decide who will live or who will die. He is attempting to scare only the most gullible when he spews his insanity saying the bill will kill old people, the insane and those deemed "not worthy of living." There is NO LANGUAGE like that in the bill. Beck is just making it up in his sick, demented, racist mind.

I can't remember the name of the syndrome