Sometimes I'm glad to be old. I won't have to face decades of working for the Chinese like you young folks will have to do.
Obama is betting the store on massive government spending. Keynesian theory has never been tested in the real world, so it's the biggest gamble in world history. The economy's recovery may or may not be helped by this spending - time will tell - but the borrowed money must be paid back eventually. And since Obama is piling on top of that spending another trillion or so for social programs - with the revenues to pay for it to come from unspecified future taxes - he's acting like the teenager in the mall with a credit card. But it won't be the teenager's parents who will have to pay the bill; it will be the teenager's children, born and unborn. Is this the change voters wanted?
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