Wednesday, April 4, 2012

The Federal Debt vs. The Debtors in Chief

Michael Jackson's Black or White?  How about Red or Blue?  Now say, who really knew/knows how to run up that national credit card?  Of course, we are going to pay it all back...

It is staggering to think that this country had enough productive force to diminish its debt despite the Viet Nam war and Johnson's Great Society.   Now an extra $ of government debt doesn't even buy a $ of GDP.

Baby Boomers can fairly be pointed out as responsible for most of the great upswing... does anyone care anymore?  Are we all aiming to be wards of the nanny State?  Shame on us.

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