PushBack, a Plausible Scenario?

Posted on 08/02/2011. Filed under: Uncategorized | Tags: , , , |

I feared most people would think the book PushBack was a little over the top when I described the splintering of the United States into eight parts due to out- of-control deficits. After reading the BusinessWeek article “Why the Dept Crisis Is Even Worse Than You Think,” I no longer have that fear.

For example: The article states that to really deal with the deficit starting now, something in the order of fifteen trillion dollars has to be cut or found in the next decade order to deal with the problem, not the four trillion savings proposed in the Obama, John Boehner “grand bargan.”   If we cut every government service and employee, including the president, we could not cut enough to fund social security and medicare with current revenue levels.  Folks, anyway you cut it, it ain’t going to be pretty.

http://www.businessweek.com/magazine/why-the-debt-crisis-is-even-worse-than-you-think-07272011.html?chan=magazine+channel_top+stories

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