Consumers Confident... of US Debt Legacy
This US shopper is confident, well, at least that the “recovery” Treasury Secretary Tim Geithner recently “welcomed” the nation to, via his New York Times op-ed, isn’t real. Instead, he’s preparing for the worst.
To the extent the economy hasn’t completely collapsed, as part of a needed a correction, it’s “thanks” to taxpayer-funded bailouts and loans taken out against the nation’s future fiscal integrity. Like this consumer’s grandkids, generations of Americans will be on the hook for the accumulated debt.