Obama's not that important, I'm worried about America.
Interest rates for the general economy are nothing --they've been lest than inflation for the past few years now even though over decades they're supposed to be a few points above. It's because private debt's been cut way back.
Not so with federal debt, and that's where we're up against a wall. The low interest rates have been allowing the looney left to borrow and spend like crazy but as rates come back up to normal we're going to be seeing $trillions/year going for debt interest payments. My concern is whether the American people are willing to take responsibility and force their gov't to sober up --like we did in the late '90's. It's either that or a federal debt default scare and then watch the rates & interest payments soar.
Interest rates are already soaring. Obama’s not going to finish his term before the reckoning hits.