Goodbye to 2008...8 years of W...Iraq...Global Economic Crisis...Madoff...Spitzer...Blago...When will they ever learn?
Starting with Reagan, Republican Administrations have quadrupled the Federal Budget Deficit, even accepting government (versus reasonable) accounting rules. From Washington to Carter, the US government had run up "only" about $900 billion in deficit. (Yes, less than a trillion $)
By 1992 (Can you say Bush Sr?. Where is Hunter Thompson when we need him?) it was $4 trillion. After a break during a Democratic Administration, the deficit began to explode again.
Now it is "officially" about $10 trillion.
People who actually understand economics and accounting are actually putting it in excess of $50 trillion if we count deficits in "entitlements" like Social Security, Medicare and Veterans Benefits.
The reasons for such treasonous Republican management of the American economy are painfully transparent. They never met a war they didn't like, or a tax they did. And they couldn't care less about waste in government spending.
The results are as disgusting as they are real. Our children and their children will be saddled with a financial burden at the same time they are coping with declining resources and increasing human dependency.
They will face a world of danger with military resources drained by senseless wars.
(Does it really matter if we turn Iraq over to Al Sadr, a Shiite, from Hussein, a Sunni?
Of course, Republicans aren't concerned about the future because they are about to float naked up to heaven in the presence of people like Tim LeHaye.
Luckily, there is hope. America has elected a true leader who has a vision and integrity. He can take our country back to the principles of the Founding Fathers.
Yes he can!
See my model at paradigmactuaries.com
Lee
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