Jump to content

Despite Politicians' Incompetence, America Is Again Remaking Itself


Geee

Recommended Posts

121014-729967-us-thrives-even-as-government-failure-abounds.htmInvestors Business Daily:

Germany's first chancellor, Otto von Bismarck, supposedly once said that there was "a special providence for drunkards, fools and the United States of America."

 

Apparently, late 19th century observers could not quite explain how the U.S. thrived when by logic it should not. That paradox has never been more true than today.

 

The U.S. government now owes more than $18 trillion in long-term debt. Even after recent income-tax hikes for the very wealthy and huge cuts in the defense budget, the Obama administration will still run an annual budget deficit of nearly $500 billion.

 

No government official dares to trim Social Security or Medicare. Everyone knows that both programs are fiscally unsustainable.

 

More than 11 million undocumented immigrants are residing in the U.S. as federal immigration law is reduced to a bothersome irritant. A record 92 million American citizens 16 and older are not working.

 

Red-state and blue-state animosities reveal a nation more divided than at any time since the 1960s — or perhaps the pre-Civil War 1850s.Scissors-32x32.png


Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • 1716147803
×
×
  • Create New...