So says Obama in his State of the Union address. My take is the world is on fire economically, morally and ethically. Just the continued QE by the central banks and the continued lack of growth in real jobs here in the U.S. something no manipulated government stats can cover up.
My take way quote was
"We can't put the security of families at risk by taking away their health insurance or unraveling the new rules on Wall Street or refighting past battles on immigration when we've got a system to fix," Obama said. "And if a bill comes to my desk that tries to do any of these things, I will veto it."
He's kidding right? Obamacare the single biggest transfer of wealth ever is steadily dismantling the healthcare system we have in this country , Wall Street running amok with 5 times that debt in funny money derivatives. Then finally the open border immigration system that allows hundreds of thousands of low skilled workers in and only allows both parties to to pander for the Hispanic vote.
One thing you never here is a year over year spending cut. Instead we get the usual boiler plate raise the capital gains tax and even more outrageous additional taxes on estates that have securities in them.
Washington will never learn until the whole damn stock market implodes because of all the fiat printing.
After all the Obama administration has added 7.5 trillion to the debt in just 6 years, I just hope that we as a Nation can survive and rebuild in the aftermath.