US’s looming Federal Debt crisis as described by Dave Cote of Honeywell.
US’s looming Federal Debt crisis has to be addressed, and soon. Maybe not before the end of this week when the Federal government might shut down without a 2011 budget allocation. But soon. Check out this video for the Committee for Economic Development: http://www.youtube.com/watch?v=-1DKIg2CcLk (5min) Or we can delay and let the debt market and the IMF help use with austerity decision. My favorite, always is the national debt clock: http://www.usdebtclock.org/ Any comments on its…