The recurrent theme of American economists is "Ever since the U.S. economy began pulling out of the brutal 1981-1982 recession, is that we're living on borrowed time and borrowed money. Some Americans may be doing well, some parts of the U.S. economy may be thriving, but it won't last because sooner or later we'll have to pay back all those loans or the stock market will stop rising or our foreign competitors will start eating our lunch" (Fox 50).This economist is discouraging about the future economics of the U.S., but only a few Americans exist on credit? Would economist agree with this? It's true that most Americans live on credit cards and borrowed money. The whole of macroeconomics is that all will hurt when a few follow. Does our financial help come from Americans or foreign investors?
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