Members of Congress (Vol.180)
- samhumangrp
- Jul 28
- 1 min read
Updated: Jul 29
Do you not see what is happening right before your eyes? The United States credit is cracking.
Look at the bond auctions, the interest rates, the decline in the dollar, the oversupply of debt, the decline in credit ratings. Our debt will likely approach $70 trillion in 10 years if we do not change course. Unsustainable!
We must move to fiscal prudence, and that takes public education and serious fiscal moves by Congress. It cannot happen overnight, but serious moves in the right direction will restore confidence which is eroding fast.
Please, take off your partisan hat and focus on the next generation, not the next election. Be objective, you know I am right. Please do the right thing before it is too late.
Thank you,
Les Rubin
Founder and CEO of Main Street Economics, Inc., A public service, non-partisan, non-profit entity. MainStreetEconomics.org
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