Sure hope these people know what they’re doing.
I've noticed some on FR would rather have that.
When McCain gets in we'll see if he can cut spending like he's been wanting to do for years. If he can do that significantly, that alone could take a huge bite out of this debt.
Oh, and cutting corporate taxes like he's been talking about won't hurt either.
That's the part of this big problem that no one wants to mention: They don't. If they did, chances are we would not be in this mess to start with. Unless damaging the U.S. was their goal. Many aspects of these events closely follow the Hegelian Dialectic.
With the enormous public debt already on the FedGov's books, where this money will come from is going to hurt us more in many ways, some of them impossible to predict. And that's only part of the troubles ahead.
They don't. Polticians are America's "B" team. The best and brightest are making mints in business, or developing breakthroughs in science and engineering. The "C" students, like Bush, Kerry and Dodd, and affirmative action morons like Obama and Jackson Lee, had to go into politics because they aren't smart enough to succeed in the real world. Unfortunately these losers have ultimate power over our lives, and we permit it.
Hope is all we have, because nobody has any clue what they are doing. “Chopper Ben” Bernanke is putting his theories to work and we are all hoping for the best. Nobody knows if this will work, backfire or be worthless waste of money.
Yep. Sure do. They are panicking.