Friday, August 13, 2010
Amazing Overnight Reversal
Europe, with Germany leading the way, is putting its fiscal house in order, and is thus beginning to experience growth and recovery.
Meanwhile, the US, with its destructive progressive programs of monstrous centralized planning, staggering debt, disabling entitlement spending, and crippling regulation, is only beginning to see the consequences of this destructive behavior. This will continue to amplify, just as it did during the FDR regime. We could be faced with a decade or more of stagnant growth even while our black hole of debt buries us in a quagmire of economic putridity! The American people are about to learn that sending a person with a marxist mentality to the White House has terrible consequences that they won't be happy with!
Labels:
economics,
Obama,
progressivism