Obama Defies Pessimists as Rising Economy Converges With Stocks

blackadder said
You were also very happy with the appreciation in your home value from 2000 to 2007, even though the policies that allowed that to happen were short sighted and created conditions for big trouble later on.

My home is still worth 30% more than I put into it. :idunno:

Sorry, I just wanted to brag.

The problem isn't so much deficit spending during a recession - it's the lack of fiscal discipline to pay back that debt during economic recovery.

The pain will start in 2013 or so, when Social Security starts to collect its IOUs.