
This, by any measurement, would be considered a failed administration: a failed experiment in neoconservatism, as well as failed neoliberal economic policies. I wonder what thoughts are going through his mind in this picture?
Time to pick up the pieces and try to put Humpty back together again.
I've been reading many economic articles and the consensus is that the rate of the U.S. deficit can only be realistically reduced through a massive shift of capital from the private to public sector, or through hyperinflation to devalue the currency and subsequently, eliminate our massive debt - both scenarios are plausible. Considering the national deficit is hovering around $40,000 for every man woman and child in this country, we have given up reigning in this spending and trillion dollar deficits will become the norm.
There are many more thoughts in my mind, but it is late and I was out celebrating Obama's victory (even though I didn't vote for him) tonight at the Acoustic Tavern and rode through the wonderful little seaside town of Bellingham through another night of impenetrably thick fog on a cold night.
Tomorrow a new day will dawn in my beloved country.
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