Monday, August 3, 2009
The government, in the very near future, will not have the money to fund ANY of its programs (without REAL, and DAMAGING, printing of fake money to buy U.S. Treasury Bonds).
"A key factor is the economy's health. The future of current programs — not to mention the new ones Obama is proposing — will depend largely on how fast the economy recovers from the recession, said William Gale, co-director of the Center. "If it's just one year, then it's a remarkable thing, but it's totally manageable. If the economy doesn't recover soon, it doesn't matter what your social, economic and political agenda is. There's not going to be any revenue to pay for it."
Posted by The Short Story Man at 8:55 PM