It has finally happened. The chickens have come home to roost. Actions of the past now have consequences. They reaped what they sowed. I am out of clichés. I am talking, of course, about the largest crash yet of liberal fiscal policy in the U.S. If you haven’t heard, Detroit filed bankruptcy last Thursday. That bastion of liberal rule and “kick the can down the road” financial planning is now dead broke. They have $20 billion in debt to over 100,000 creditors and bond holders. That is $28,500 for each of Detroit’s 700,000 people. It is amusing and entertaining to …
A graphic economic illustration
Trending in: News
- Who is the bully?
- Heck leads tracksters to 6th
- Continuation of the homecoming
- IRS: Missing your deadlines and owing money
- Nancy Sloan