Reaganite Republican ^ | June 13, 2012 | Reaganite Republican
According to a recent report out of the Congressional Budget Office, our bloated national
debt is already so gargantuan that even if we do manage to avoid a
Greek-style fiscal apocalypse, the sheer weight of all those trillion$ will have
our once-mighty economy in a permanent state of stupor within a span of just 10
years, with flat growth and high unemployment pretty much forever. Or, until it
implodes round-about 2035, when US national debt tops-out at an unsubstainable
250% of GDP (Greece fell off the cliff at a little over 170%):
Hey, a national catastrophe of that magnitude would be a Cloward-Pivenist's
dream dream, donchathink?
Perhaps Obama's bewildering lack of interest in what so deeply
concerns most of the rest of us meant he was playing the long game all
along.
Clearly, the TEA Party has been right the whole time... and it will take more
than a couple tepid RINO administrations to save us now.
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