Date: 2008-12-17 03:12 am (UTC)From: [identity profile] johnbutler.livejournal.com
Yes, everyone is worried about everything. It may well indeed be one of the worst. I think our federal deficit will balloon to the worst on record. We'll raise tax rates in the hope of raising revenues, and the opposite effect will happen.

Years ago I visited the former East Germany. I saw a lot of old decaying burned-out buildings, the legacy of another government that got too big. That's where we're headed. We're about to accelerate too.
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