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I've said it before, foreigners do not need us. At a certain point we are more of a burden than it is worth and they will deal amongst themselves. Our debt and excesses start to become more and more of a drain on the world, they will just slowly cut us off.
I'm not worried though, I think the government said the Arabs will help us because we gave them Democracy.
25MM jobs in 10 years / 4% GDP Growth / Insurance for everybody / Schools flush with cash don't produce results
Jan 2017: 4.7% U-3, 9.2% U-6, 62.7% LFPR, 5.2% Real Wages, 2.6% GDP, 19,827 DJIA, 2,271 S&P500, $2.316/gal
I've been telling you all a financial shitstorm was coming.
I was just hoping our economic house of cards would hold up a a few years longer.
This shit didn't just start with W though and there is plenty of blame to pass around including the many Americans that up to the eye balls in personal debt...its been in the making for a while. Bush has greatly helped to speed it up though.
If you are interested in how we got here...try reading this;
What so sad is that I have absolutely no surprise at all that some here are so quick to blame Dubya and the Iraq war. Nothing at all for US spending practices, both government and personal. ... (sigh)...
What so sad is that I have absolutely no surprise at all that some here are so quick to blame Dubya and the Iraq war. Nothing at all for US spending practices, both government and personal. ... (sigh)...
The war doesn't help either. 190 billion a year ain't chickenscratch.
Yes - Dubya bears blame for his spending practices, but the implication here is that he caused this problem. He aggravated it, that's all.
He was scratching the rash because he didn't really understand what it was.
25MM jobs in 10 years / 4% GDP Growth / Insurance for everybody / Schools flush with cash don't produce results
Jan 2017: 4.7% U-3, 9.2% U-6, 62.7% LFPR, 5.2% Real Wages, 2.6% GDP, 19,827 DJIA, 2,271 S&P500, $2.316/gal
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