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Hot Air » Even the NYT now worries about debt

published 486 days, 21 hours, 38 minutes ago posted by samAdamssamAdams 487 days, 6 hours, 22 minutes ago
Tuesday, May 05, 2009 1:30:12 AM GMT Monday, May 04, 2009 4:45:52 PM GMT

Over the last four months, the federal government has conducted the most rapid expansion of deficit spending since World War II, and now even the New York Times has stopped pretending that it’s not a problem. Treasury bond yields have started upwards, forcing the US to pay more in interest service, but that’s if we can convince people to buy our debt at all anymore: The nation’s debt clock is ticking faster than ever — and Wall Street is getting worried.

category: The Media | clicked: 3 | | source: hotair.com | show counter code
tags: Deficit

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