The day of reckoning has finally come. The madness must end. Ever since around the 80′s, virtually all levels of government in many parts of the world (most noticeably in the ‘have’ nations) have been spending with reckless abandon. This problem is most apparent in the rich countries. A tide of liberalism has brought with it a sense of entitlement among the electorate that is all too easily enticing to lame-duck politicians. Continue reading ...
Government Deficits and Debt (at all levels around the world)
By Froogalist on November 30th, 2011
The day of reckoning has finally come. The madness must end. Ever since around the 80′s, virtually all levels of government in many parts of the world (most noticeably in the ‘have’ nations) have been spending with reckless abandon. This problem is most apparent in the rich countries. A tide of liberalism has brought with it a sense of entitlement among the electorate that is all too easily enticing to lame-duck politicians. Continue reading ...