Quote:
Originally Posted by DaddyHalbucks
Sure our country is broke.
But look on the bright side of 50 years of government social programs on 'roids: alot of scumbags got SUVs, wide screen TVs, and XBOX 360s. Some were lucky enough to upgrade to Cadillac Escalades.
And, a ton of mediocre people and political cronies got government jobs. It's alot of work writing 80 million checks a month.
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That's the problem. For maybe 50, definitely 40 years, America has lived well beyond it's means. People were buying things they couldn't afford. CC debt was rocketing and the Government was no different.
Now America is on a life support of loans. Take the loans away and the patient dies. Solution?
My feeling is it will take 40-50 years if they start today.