rowyn

And here I thought you got tired of my Pollyanna. >:) Okay, yes, I do think you're being alarmist. For one, I am confident that the politicians have more self-preservation than to let the US default (and the president alone has the power to make sure the debt gets paid, if not to avoid other catastrophic consequences, like not paying the military or medicare.)

I don't think the whole economy is going to collapse, but I am worried that this is the new normal, and things are going to stay about like this (give or take some more bubbles+busts) for another decade or two before we see real and lasting improvement.