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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Smiling Bob who wrote (227421)11/4/2009 4:06:45 PM
From: Elroy JetsonRead Replies (2) of 306849
 
If America wants to be self-supporting we need to cut back on defense spending and farm subsidies - and we also need to raise income taxes significantly.

We're that far out of balance.

If we take both of these steps, and also expand Medicare coverage to all Americans, our economy will more closely resemble the prosperous Australian economy.

Unfortunately Reagan placed Americans on a program of debt-funded welfare narcotics to which too many have become addicted.

The withdrawal process is going to be rough for many Americans. The only thing which would be worse is to remain debt addicts for an additional period of time.
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