|
Tax Revenue needs to go substantially up AND spending needs to be substantially reduced to have any hope of making a big dent in the debt with in a couple generations.
We are in for tough times at some point though I don't pretend to predict how and when it will materialize. We have had this same harsh reality for many years now, but if you would have change you porfolio based on it you would have screwed yourself for sure.
I am reminded of kids with credit cards making minimum payments and applying for more......
__________________
84 930
18 Cayman GTS
|