Nothing quite like your govt sucking 98% of your country’s production out now is there?
The Federal behemoth has to be reigned in or America is going to die. This is exactly how the Soviet Union collapsed: a destroyed economy combined with an unsustainable bloated massive bureaucracy. It cannot last.
We now owe nearly more than we produce.
Federal debt held by public will hit 98 per cent of GDP by end of financial year.