Ron Paul hit the nail on the head last night at the Republican debate. He said that a new era for America has begun. Nothing could be so true. Decades ago the U.S. was a dominant force in the world, and not necessarily in a negative way. That has changed.
Never before in our history have we faced the threat of a massive amount of people retiring (now, 10,000 baby boomers turn 60 every week). Never before have we had over 700 bases around the world. Never before have we spent more on the military than the rest of the world combined. Never before has most of the world disliked us so much (they actually used to love us). Never before has the Federal Reserve inflated our currency so much and destroyed our dollar so much (three bubbles in eight years!). Never before have we had such a broken health care system (which will get worse once we get "universal health care.")
Never before have we been in such bad shape. Yes, Ron, you are right. A new era has begun.
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1 comment:
Good posting. It helps me put my transportation thinking in check.
10000 people retiring per week? That is a lot. The eventually will likely move to places like Florida and Arizona and become part of the winter birds. What effect they will have in local economies? transportation needs? quality of life needs? Are local agencies preparing for this? It could be an economic sources and also an economic drain.
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