Time is running out!!!!
A note for the future. If we have a 20 trillion-dollar deficit in 4-5 years with no plan to handle the long-term fiscal problem. Our bond market will kick our Ass, European Style.
This is not a Democrat, Republican or Independent problem. This is a problem for all Americans and taking a cue from Clint Eastwood Superbowl commercial, our 2nd half isn’t going to have a good 4th quarter if we don’t come together as Americans to handle this.
Our bond market is giving us priceless time to create a plan, we should take advantage of the time that is given to us and work as one nation to get something done.
USA! USA! USA!
Logan Mohtashami is a senior loan officer at his family owned mortgage company AMC Lending Group, which has been providing mortgage services for California since 1988.
Logan is also a financial columnist for Benzinga.com and contributor for BusinessInsider.com