What lil Bush had wrought in the government employment bubble. This was Paul Ryan, Eric Cantor, NCLB, the unfunded wars, the Trifecta, and the Dead Kennedy.
Let's add Reagan and Clinton:
Are we starting to get the problem? It is a dysfunctional Senate into which the NRO crowd and the Kennedy crowd can wedge massive programs. he voter is not irrational, the voter simply does not have the bandwidth to cover all the shenanigans going on in Washington. You can see that Reagan held the line in his first term, but by the second term the delusional elites took advantage of his disease. Notice the NRO crowd today,
celebrating Big Government Conservatism, it is the birthday of the dead Communist in chief.
The citizen's only defense against the nonsense has been high progressive taxes, that allows us to get around the Senate and at least simulate the emergence of minimal government.
Check out the
Treasury curve. See the growth in the 5 to 7 year range. Investors are preping for maturity crunch in government debt.
The crap does not stop until we face sovereign default.
No comments:
Post a Comment