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The effect of each one of the recent (and more coming day by day) bailouts is like a thermonuclear economic bomb, ripping the U.S. economy to shreds. The cumulative effect is total disaster. We are reaping the whirlwind sown by Keynes. Trying to spend our way out of this situation (which was caused by out of control spending) is like trying to screw your way out of an unwanted pregnancy. Time to bail (and I don't mean bail"out"). You do have an escape plan you've been working towards for 10-20 years, don't you? You don't? Gosh, that's terrible. Mine's coming along nicely.
By Lawrence