While the economy has been struggling to recover, one thing threatens it more than anything else. The rising deficits of the U.S. government will curtail any gains made in the economy and create problems for taxpayers. So far this year as of June, the deficit has risen to over one trillion dollars. That is the second highest deficit to date and really hurts as June is usually a month when there are surpluses.
I hope that every politician will take note of this problem and work to find ways to reduce their spending. The country can no longer afford to fool around and we need to get our finances under control.