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To: evad
There is no time for incrementalism. The dollar has lost almost nine percent this year and is expected to lose another ten to twenty percent over the next few years. It is not possible to grow the economy sufficiently to keep tax rates constant and pay the unfunded liabilities of Medicare and Social Security. It not politically possible to raise tax rates or cut benefits sufficiently to meet those same unfunded liabilities. The only politically acceptable recourse will be to monetize those liabilities. By 2016 the dollar will be worthless. No country has ever survived the complete devaluation of its money.

Incrementalism is a vote to end the United States before 2016.

42 posted on 07/04/2002 8:42:16 AM PDT by B. A. Conservative
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To: B. A. Conservative
Incrementalism is a vote to end the United States before 2016.

Unfortunately, I agree. The RATs have used it to great success over the past 40-50 years and I think it's steadily taking us downhill. Whether or not it's all over by 2016 is just a matter of conjecture.

The fact is that conservatives do not have the patience to use this strategy.

60 posted on 07/04/2002 10:51:56 AM PDT by evad
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