The republicans want to cut 40 something billion and the democrats will only agree to 30 something billion and they cannot agree. Yet, it takes 1500 to 2000 billion just to break even for this year. So no matter what, the spending goes off the charts until foreigners loose confidence in our ability to pay, which is already happening. Then the dollar crisis, which is already in progress, accelerates. Meanwhile, the people will be made very very poor as the politicians and the FED try to save the government and big banks, which is already happening. Quantitative easing is robbing you of your wealth for their benefit. Take pride in your new third world country to be.
The people of Afghanistan will one day look like Americans. After the system breaks, how will we bring the troops home?
Maybe afterwards we can start a republic with little or no government where most capital is allowed to stay in the goods producing sector. Or, will it be a strong-man, trump type dictatorship similar to what once happened in Germany?
Oh, I am not gloomy. I have hope of a new day for my grandchildren.
