Free Republic

There’s an old tale which says that if you take a frog and throw him in a pot of hot, boiling water the frog will jump out. But if you take the frog and put him in a pot of cold water, and gradually turn up the heat, little by little over a long period of time, the frog’s body will adjust to the incremental increases of heat and eventually boil to death. The U.S. economy is like a frog in a pot of boiling water and he can’t jump out to save himself. One of his legs is the...