AuH20
Account Restricted. Admin to review account standing
- Joined
- Feb 20, 2009
- Messages
- 28,739
We may not have the revenue, but that didn't stop Bush.
In fact, we can borrow for 10 years at 1.6%. That pretty much gives him carte blanche to do whatever he wants.
But that was the first extended muck-it-up campaign since Vietnam. Afghanistan and Iraq have helped to drain the treasury along with horrible fiscal mismanagement. And the U.S. recently eclipsed the point-of-no-return 100% debt to GDP mark. Secondly, we're dealing with a highly reluctant Pentagon on the account that their troop force is literally unraveling. I don't think the U.S. could take over and hold Cyprus for a few months, never mind Iran.