For the last 7 years the fiscal policy of the US has been simple.
Start wars and pay for them with tax cuts. Start wars and borrow the money to pay for them.
Create a far larger government and cut taxes to pay for it.
It does not take an idiot to understand that such policies are going to bankrupt a nation and cause the value of it`s currency to plummet.
It only takes an idiot - and a gang of like minded legislators, and the party to which they belong - to destroy a nation.
See: Carlos V of Spain, and Phillipe II of Spain. |
|