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Why we are on the brink of the greatest Depression of all time
Fox News ^ | August 23, 2012 | Wayne Allyn Root

Posted on 12/29/2012 11:21:11 PM PST by MinorityRepublican

Everywhere from FoxNews.com to CNBC.com, I suddenly see commentators warning of pending doom, economic collapse, and a new Great Depression. Welcome to my club. Perhaps America's politicians and economists should have paid attention to an entrepreneur and small businessman that has been warning of economic collapse and a new Great Depression publicly for over two years.

More importantly, none of the current commentaries mention the "why's" of this slow motion economic collapse...beyond the obvious -- mountains of deficit and debt. None of them mention the dysfunctional structure of the current U.S. economy and the massive changes in the work ethic and mindset of the average American.

I am a successful small businessman and a patriot who loves America and always sees its greatness. I am also an optimistic, positive thinker who always sees the glass half full.

But not this time.

This time we are in such deep trouble, the only solution is a radical restructuring of the politicians, the economy, and the way we view personal responsibility versus government handouts. If those changes don't come then we are facing a long decline and the eventual end of America.

(Excerpt) Read more at foxnews.com ...


TOPICS: News/Current Events
KEYWORDS: deficit; depression; economy; nationaldebt
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To: rbg81

No vote for net takers.


41 posted on 12/30/2012 2:26:35 PM PST by ecomcon
[ Post Reply | Private Reply | To 17 | View Replies]


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