Paul Krugman's nemesis, Harvard professor Niall Ferguson, again opines that the U.S. and President Obama are steaming toward their demise. The cause?Massive, ballooning public debt. The public intuitively knows that debt is bad, Ferguson says--perhaps because consumers now have it coming out of their ears. This is why so many Americans disapprove of Obama's handling of the economy. And it's why his future is threatened...http://www.businessinsider.com/henry-blodget-obama-will-be-crushed-under-a-mountain-of-debt-niall-ferguson-2009-8
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