Both parties are bragging these days about their cost-cutting moves. Unless something serious gets done, we could easily ring up a $12 Trillion deficit in the coming years. Read Robert J. Samuelson (one of the few economists I bother to read) take on the status quo at http://tinyurl.com/yjcvwu6.

Is a $12 Trillion deficit enough to bring down our economic system. No one really knows, but it might be. Stock up on beans and bullets.