WASHINGTON — Bullish yet wary, President Barack Obama is highlighting recent economic bright spots while taking care not to overstate a recovery that still has not put millions back to work. SEE ALSO: Outrages Of The Year His Republican rivals, in the face of late-arriving economic good news, are making slight adjustments themselves, arguing that […]

For years individuals, businesses, and the government borrowed excessively based on what they hoped to earn tomorrow. In the latter part of the George Bush II era many believed, through the excessive use of debt, to have found the magic fountain of wealth.