Tuesday, July 19, 2011

Government “Experts” and Spending

Americans should always think seriously about politicians who tell them government “experts” know all about spending and deficit control.

Any politician or bureaucrat with a short-term horizon is never reliable on this score.

Especially a politician unfriendly to, or unfamiliar with the true understanding of capitalism.

Our tremendous deficit will spell enormous inflation. Or a loss of currency value. And the certain loss of the eminence of America. As an economic and, therefore, a political and military entity. ( See the Earl J Weinreb NewsHole® comments.)

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