Experts Warn Debt May Threaten Economy

The AP has a good long piece on how Americans are in debt.

David Walker, who audits the federal government's books as the U.S. comptroller general, put it starkly in an interview with the AP:

"I believe the country faces a critical crossroad and that the decisions that are made -- or not made -- within the next 10 years or so will have a profound effect on the future of our country, our children and our grandchildren. The problem gets bigger every day, and the tidal wave gets closer every day."

A nation that wants to give Warren Buffett free Viagra because he's over 65 may have some problems.