Review of American Debt Crisis and Lessons to Learn

BySuzanne Glasser

If you take the time to review the national debt crisis you will come up with some astounding results that just might scare you. Looking at the overall debt picture, it is easy to see that America is in debt up to its eyeballs. In fact, the amount that America now owes is fast approaching a staggering $15 trillion. While this may not mean much to the average person, it means something to the credibility of the nation, which is why S&P recently downgraded the county's debt rating to AA

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