US needs to rein in its deficits

Comments on Clive Crook "America's radical centre", 16/11/2009, http://www.businessspectator.com.au/bs.nsf/Article/US-deficit-Obama-taxes-fiscal-policy-pd20091116-XTS5C?OpenDocument&src=sph

Once the economic emergency is over in the US, both the US households and government will have to start saving more.

That means higher taxes and lower consumption, and will not be easy.

But the US has to do that to be sustainable.