What do Greece, Ireland, Portugal, Italy, Japan and now the United States all have in common? A federal debt that surpasses the total production of the country.
What else do those countries have in common, especially Greece, Ireland, Italy and Portugal? They have economically collapsed.
The Obama administration projects a 70% increase in current debt to a total of $26 trillion within a decade. Is that the presidents fault? No, its liberalism. And its not too late.
Repeating the same action over and over again expecting different results. Theirs a definition for that.
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