>I watched Pete Peterson on Charlie Rose last night. If you missed it, it should be available online soon. That discussion was downright scary and similar to the article you posted.
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>It really does not take a rocket scientist to figure out that one cannot get out of debt by getting into more debt by borrowing and spending money that one does not have. I can't understand why the current administration does not get it.

Are you sure? Isn't that the Bernie plan?