Wednesday, February 13, 2008

The gloss-over

NEW YORK -- The United States is at risk of losing its top-notch triple-A credit rating within a decade unless it takes radical action to curb soaring healthcare and Social Security spending, Moody's, the credit rating agency, said on Thursday.

The warning over the future of the triple-A rating -- granted to US government debt since it was first assessed in 1917 -- reflects growing concerns over the country's ability to retain its financial and economic supremacy.
At risk, my ass.


Full article.