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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (687730)12/10/2012 7:13:47 PM
From: i-node  Read Replies (1) of 1578438
 
>> "Perceived" prosperity? For 70 years?

Yes, "perceived".

In exactly the same sense that a flashy bigshot living on borrowed money is perceived to be prospering. Until the debt comes due. You and I both have known such people.

Our country has done precisely the same thing. Borrowed $100 Trillion over the last 70 years which cannot conceivably be repaid, giving the appearance of a prosperity that was, in fact, just spending the prosperity that future generations might have had.
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