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PEBO almost got it right - if we do nothing, the U.S. will likely collapse beyond all hope of recovery. Unfortunately, if they do what he wants, this will only accelerate the collapse. You can't spend your way out of the problem of too much govt. spending. What would help is massive, immediate REAL tax cuts (not transfer payments called "tax cuts"), esp. the maximum income tax rates, cap gains tax rate, business taxes, etc. Also DRASTIC cuts in existing government spending (like over 50%). Nothing short of this will help. PEBO's plan is the opposite of this. Too bad about your country - I'll be watching from overseas.
By Lawrence

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