The US risk will eventuate!

Comments on Adam Carr “SCOREBOARD: US risk”, 4/02/2010, http://www.businessspectator.com.au/bs.nsf/Article/SCOREBOARD-US-under-pressure-pd20100204-2BSDF?OpenDocument&src=sph

US risk will be a reality in the not long future from now.

Politically, the US government can't reduce too much of their budget in a time where the economy may continue needing attention and support from the government. Every politician understand that when it comes to votes or voting time, or even headlines when data begins to show bad unemployment.

The adjustment for balancing savings and consumption means the US economy is unlikely to grow in full strength for a sustained period. And this means short in revenue.

So the US government does not have the real capacity to do what might be ideally needed for maintaining the AAA credit rating.