$47,000: With this amount of money I could attend Rice University for a year, and replace my "car" with a Mustang Mach 1. Really, it's what every person in the United States owes the government right now. I, you and our children will deal with paying out this mess America is (shamefully) known for. Not only are we effected severely, but the whole planet pays the price. It cannot be good that for every dollar we spend, 40 cents is borrowed. This makes our title and reputation as "economic capital of the world" less appropriate every day. As I close this blog, the USA debt was $14,802,967,860,015.41; it has raised $38,245,284.11 in the 30 minutes it took to write this. Let's retire Keynes. I need a car.
2 comments:
Good point but what do we replace Keynes with?
Well we have always been on a cycle of a Keynes and Hayek, and in the end, each has its ups and downs, but everyone should agree that Hayek's strategy always had the most postive results. Anyone who disagrees can look where Obama got us when he put his faith in Keynes philosophy. Even as we speak, Obama is planning another spending bill.http://www.youtube.com/watch?v=d0nERTFo-Sk
http://en.wikipedia.org/wiki/Friedrich_von_Hayek
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