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View Diary: Breaking: BLS, Fed, BEA, et al "Overstate Strength of Economy" (289 comments)

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  •  I'm not an economist.... (9+ / 0-)

    ....and I don't play one on TV, or here. :-)

    I'm pretty sure about one thing, though: continued military spending at the current rate is unsustainable.

    Arguably, we may already have doomed our empire; if we haven't yet, by the end of Obama's first term, we'll be in pre-Yeltsin USSR mode.

    So the game is or may soon be over.

    Unchecked military spending is what destroyed ALL superpowers throughout history.  You don't need stats (good or bad) to grasp that.

    Folks here who believe in recovery, any kind of recovery, while the body keeps hemorrhaging are just displaying a willful ignorance of history.

    OVER HERE: AN AMERICAN EXPAT IN THE SOUTH OF FRANCE, is now available on Amazon US

    by Lupin on Mon Nov 09, 2009 at 08:56:07 AM PST

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