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Milton J. Madison - An American Refugee Now Living in China, Where Liberty is Ascending

Federalism, Free Markets and the Liberty To Let One's Mind Wander. I Am Very Worried About the Fate of Liberty in the USA, Where Government is Taking people's Lives ____________________________________________________________________________________________ "Extremism in defense of liberty is no vice. Tolerance in the face of tyranny is no virtue." -Barry Goldwater-

Wednesday, January 05, 2011

Opinion: Tokyo's Fiscal Reckoning - WSJ.com

If the US isn't careful, the nation could face troubles as severe as Japan where government debt is over 200% of GDP. Spending is out of control, the nation is floundering in its innovative business culture and they will never be able to sustain the entitlement nonsense that has been promised to their populace. The idea that government is capable of delivering goods and servies to its populace outside of of their natural functions is a ludicrous idea that will exposed to the silliness that it is.

Opinion: Tokyo's Fiscal Reckoning - WSJ.com

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