[40acres]

Yes but we also have an instution that controls interest rates, The Federal Reserve! As a poster mentioned earlier, the US also gets really good rates. Turns out being a superpower helps your credit score.

There has been lots of ink spilled with respect to lagging productivity gains and I think the at this point concern about the budget may be a factor. There are enough big problems that can be addressed (infrastructure, health care, homes, etc.) if there was enough government spending to spark to investment and growth.

I'm starting to believe that the real balancing act is a matter of controlling inflation rather than controlling the defecit.