America Becoming Detroit

Detroit for years spent above the means of the city's tax base. The city government gave generous pension benefits that tallied in the billions of dollars to city employees. The Federal government has trillions of dollars in unfunded obligations. The difference between the administration of Detroit and that of the Federal government of the United States of America is that Detroit does not have the ability to print money while America can print ever more worthless US currency at will. Under Barack Hussein Obama, the USA has had Federal debt rise more than under all previous American Presidents put together. Obama by temperament and inclination would have made a fine mayor for the Motor City.