Imbalance in cash flow could lead to debt crisis

I am getting very concerned about the national economy and the debt the United States is building up. It reminds me of the 1980s, except on a much larger scale and without the justification of the 1981-82 recession. It’s occurring at a time when two other energy hogs (China and India) are helping us create another energy crisis.

It’s hard being an economist, knowing what prudent fiscal policy should be at a time when the U.S. should be running a surplus, and not being pessimistic about what’s going to happen when our country has to pay the piper. It will make…