24 Aug, 2011
US public is paying the price – People’s Daily Online
The debt crisis has exposed the defects rather than the advantages of America’s tit for tat democratic system
The US debt crisis has drawn much criticism both at home and aboard. It is inconceivable to many people that as the only superpower in the world the US was locked in a struggle that threatened to bring the wheels of state to a halt had the politicians not arrived at a last-minute compromise to raise the nation’s debt limit in order to avoid a debt default.
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