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Tuesday, April 12, 2011

Well Worth the 15 minutes to read this......

Think about a country with a 15 trillion dollar debt whose leaders and media insist that everything is going swimmingly. A government which goes into debt for grandiose projects every year-- and none of them ever amount to anything. A new year and a new trillion dollar budget, packed full of projects that are dead ends. Grand ideas that make the politicians feel good about themselves, but can never work. We beat the Soviet Union-- but these days we look a lot like it. A repressive bureaucracy, an out of touch political class, mounting debt, failing industries and an angry populace caught between government benefits and enforced poverty.

We're losing our competence, the same way that the Russians lost theirs. The same way that people living under every ideological tyranny does.



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