$1,200 billion increase cut by $60 billion
From the fact that the deficit is $1,600 billion, and that the “right” triumphantly announces that it has cut spending by 60 billion, which “cut” will somehow fail to prevent the deficit from growing rapidly, I predict collapse in a decade or two – armed conflict between elements of the government, or between the government and the people, or, very likely, both. I have been making a similar prediction, for the same decade, since 1994, and events seem to be proceeding on schedule.
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