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 and @BusinessNewshole
tweets.)
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