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To: Robert Drobot

Meanwhile, the new Medicare prescription plan already costs double what they first projected. Yet we went ahead with that without reservation.

There are no more Republicans or Democrats anymore. Just politicians who have spent too much time away from the private sector, producing for the consumer.

I see no end to this without economic collapse.


18 posted on 11/18/2005 11:51:50 AM PST by libertarianPA
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To: libertarianPA

I'm sorta with you. Since the Govt owns the money printing presses, they can repay the debt by printing more money. Then, we'll have a big spike in inflation. To compound the problems, tax increases will be levied. It'll be hell on the regular citizens.


31 posted on 11/18/2005 11:55:28 AM PST by JeeperFreeper
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To: libertarianPA
no end without economic collapse

There is only one way out--very substantial increases in productivity which makes the debt appear small.

If we are on the way to economic collapse the next step would be massive inflation as the government attempts to reduce the value of the debt.
165 posted on 11/19/2005 7:53:00 AM PST by cgbg (Racism is identifying, quantifying, and determining social policy by race.)
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