Quote:
Originally Posted by striperman36
Been broke for sometime, we just keep trying to pass it on to the next generation since 'The great Communicator' bombed Russia out of cash
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Russia was failing before Reagan, he just helped kick them over the brink, as did Pope JP2 and a good portion of Eastern Europe.
Here's the rub. The spinsters will try to talk down our debt as a percentage of GDP, but when you look at the changes in the global economy in just the last 5 years (5 years mind you) there are so many more nations competing for the business that the US had a lock on in years past.
Granted, we have the innovative spirit and a legal system that protects IP better than any...
But there's a clear and present danger to our way of life if we can't get on the toe instead of the heels of our skates.
The looming (or already here) energy crisis is only going to exacerbate the issue.
Good thing we have a lot of nukes.
-spence