Friday, December 28, 2012

America's pathway to decline.....

Mr. Obama won despite chronic high unemployment, rising inflation and skyrocketing deficits. Our national debt stands at more than $16 trillion. We are the most indebted nation in history. It is almost impossible to dig our way out of this massive financial hole. Even if the president gets everything he wants in tax increases on the wealthy, it will only pay for 11 days of the government’s annual spending. It is class warfare masquerading as serious public policy. His soak-the-rich rhetoric is nothing more than smoke and mirrors, casting the illusion that he knows — or even cares — how to solve the debt crisis.

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