The worm is turning.... US growth slows to 1.1%. Has the massive stimulus package (tax cuts and government spending splurge) and binge borrowing (a ballooning trade deficit with a negative savings) finally run out of steam? It may have. The tax receipts for the last quarter imply a $900 billion budget deficit for fiscal 2006...
We may be about to learn about what happens to nations that engage in wars of choice and superpower fantasies in Adam Smith's world... [John Robb's Weblog]
I think that, since the Busheviks are working so hard to turn America into the Soviet Union, it's only natural that it will meet the same end. I doubt the Busheviks care, though, since they'll be out of office by then.
8:20:39 AM 
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