Watching the national news reminds us daily of the nation’s still sluggish economy. The United States recently surpassed $16 trillion in debt and the unemployment rate remains above 8 percent. On top of all that, the country faces the possibility of being downgraded for just the second time since our founding—the first time was in August of last year.
These decisions weren’t always easy, but they needed to be done. The results thus far have been promising. But there is still a long way to go.