American Gridlock—How The Imperial City Will Bankrupt The Nation

The real crisis that is to come will be during the next economic recession. While the decline in asset prices, which are normally associated with recessions, will have the majority of its impact at the upper end of the income scale, it will be the job losses through the economy that will further damage and already ill-equipped population in their prime saving and retirement years.

 

 

http://davidstockmanscontracorner.com/?p=185362&preview_id=185362&preview_nonce=788a74bbb5&preview=true