Summary
In case of fire, call 911, not the Securities and Exchange Commission!
Social Security is not the burning issue. The federal deficit is! All presidents from Truman on have reduced the gross national debt as a percentage of the gross national product except for Reagan, Bush I and Bush II. These three have increased the percentage from 22 percent to 63 percent, with the end-term deficit for Bush II projected to at least 71 percent. Facing a 60 percent increase in the deficit over the Bush campaign projections, the Congressional Budget Office sees a near-term catastrophic fiscal crisis and a looming monetary crisis. Look at the euro to see what the world thinks of our dollar.See the full content of this document
Extract
Nation Careens Toward Fiscal Crisis
The Bush strategy is to get the debate off of the imm...
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