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This is pretty interesting:

"IN HIS VIEW, ONE PERCENTAGE POINT EXTRA GROWTH PER YEAR FOR THE NEXT 20 YEARS WOULD FIX THE U.S's BUDGET PROBLEMS. IF WE COULD MANAGE TO INCREASE OUR GROWTH RATE FROM...

http://www.bloomberg.com/news/2011-08-15/the-real-u-s-crisis-is-not-a-debt-downgrade-commentary-by-simon-johnson.html

The U.S. has a fiscal crisis, but not the one that everyone is talking about....