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Thursday, August 25, 2011 - 3:33pmSanction this postReply
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That's an excellent article!

I liked this paragraph:

"Now with nearly $5 trillion recently borrowed and another $10 trillion scheduled over the next eight years, the private sector has concluded that this guy [Obama] loves trillion-dollar debt because either (1) it fuels big government and more regulations and more dependent constituents; or (2) it will inevitably cause more redistributive taxes on the productive sector; or (3) it will spur inflation and erode the value of accumulated wealth; or (4) all that and more still."

The article does a good job of showing that Atlas (the productive people of the private sector) and their partial shrug is their decision to sit on the their money and any plans for expansion until the current administration is history.

It's worth a read.

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