Quote:
Originally Posted by Brian Carlton
Because, without the will of the Congress to slash Medicare, Medicaid, and S/S, it is effectively impossible to control the outflow.
He can cut the budget by 2-3% and that would be extremely difficult.
Since cutting those programs is akin to touching the third rail, it isn't likely to happen to the levels required.
We stand on the tracks staring at a train and folks like MTI cannot even see the damn thing.
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I think you have intentionally or inadvertantly hit upon the spectrum of the views:
On one end, there are folks who believe our BO wants to destroy or radically change the US. One way is to destroy the US Dollar. Destroy the dollar and you will destory the USA
On the other end, it's simply a matter of being ignorant and a career politican who will do anything for a vote ... even if it means bringing down the system which gives him a job, status, and BO's sense of existence.
Either way, the next 3 years will be interesting.
The next issue will be tracking or monitoring the decline of the US Dollar as the worlds reserve currency and how much the USA is the global GDP.
Those trends will speak volumes ...