Re: [OT] What is happening in/to the US ?

On 2024-07-16, Robert A. Brooks <FIRST.LAST@vmssoftware.com> wrote:

On 7/16/2024 2:37 PM, Simon Clubley wrote:

On 2024-07-15, Dave Froble <davef@tsoft-inc.com> wrote:

 

See above.  Maybe bring back Bill Clinton ???
>

 
Well, he was the last person to deal with your country's finances in
a responsible way...

 
Well, that's definitely not true, or perhaps at best, damning with faint praise.
>
You can lay the financial world meltdown in 2008 directly at Clinton's feet.
>
He removed several regulation checks on the banking world that had they been in place,
would not have allowed the mortgage mess and overleveraging of investment banks.
>
He was a bit of a breath of fresh air after 12 years of Reagan/Bush, but he was perhaps
only slightly left of center.
>

OTOH, he was responsible with the budget, unlike the people (Democrat
and Republican alike) who followed him.

If the US deficit continues to increase at its current rate, you will
not have a viable country in 20 years (maybe even 10 years).

I notice once again nobody is talking about this (ie: hiding the truth
from the US public), and by the time the US public realise the horrific
implications of this deficit, it is going to be too late to fix it.

Simon.

--
Simon Clubley, clubley@remove_me.eisner.decus.org-Earth.UFP
Walking destinations on a map are further away than they appear.