Archive for December 2, 2012

Captain Rick: I believe the “Fiscal Cliff” could be a means of leading America away from the verge of economic destruction, that if left uncorrected could reduce America to a third world country … while much of the ignorant news media is presenting the “Fiscal Cliff” as a dreaded thing that America must avoid.
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America is facing the “Fiscal Cliff” because of monumental fiscal errors. The Bush tax cuts and Iraq war expenses were extremely reckless. They contributed to  producing America’s “Great Recession”. The Obama spending fixes of trillions of dollars were astronomically stupid. It all has left America on the verge of fiscal disaster, spending far more than it is receiving in revenue.
Stay tuned for “Lesson 2” in my continuing “Fiscal Cliff 101” series…where I will continue to “break it all down”.