POLITICAL: Carter calls for debt action

http://www.globalatlanta.com/article/23608/

President Carter to U.S.: Tackle Debt Before Lecturing China
Trevor Williams
Atlanta – 12.16.09

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The U.S. should focus on getting its own fiscal house in order and give up pressuring China to revalue its currency, the yuan, former President Jimmy Carter said during a Dec. 3 panel discussion at the Carter Center in Atlanta.

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Pretty bad when ex-President Carter talks financial sense. Guess a stopped clock can be right twice per day. Clearly, the debt should be a priority. If not first, (i.e., national defense, citizen protection, the economy), it’s got to be up there.

The cure is one that the Big Gooferment advocates don’t want to hear — cut spending.

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