“If the president doesn’t get serious about the need to address our fiscal nightmare, yeah, there’s a chance it could not happen,” John Boehner told Politico.
I forget that the last recession was in the mid 2000′s.
We had a short, intense credit boomlet in between that and the crash of 2008.
The hangover from the housing and financial bubble has been tremendous.
Deficits, caused by the financial crisis, are still a serious problem in muniland.
It’s a glorious spring day in America and everything continues to bounce along. A little progress here and some fall back there. Oh and that unpleasant negative ratings watch on United States debt from Standard & Poor’s. Yeah that is not good. Welcome to a new week in muniland.