The Tipping Point and the Crossroads

November 21, 2011 06:54

If Barack Obama, the most extreme president in American history, is re-elected and the current governing class remains in place, there will be no turning back.

By Steve McCann at American Thinker


The United States finds itself at a crossroads, facing a stark reality it can no longer ignore or leave to future generations.  We are presently on an irreversible path toward inevitable failure and second-class status.  It all started forty-eight years ago, we now can see.

Government now siphons off 41% of the GDP as compared to 28% in 1963.  This is an untenable trajectory, one that can no longer be justified or sustained.  But instead, it is destined to dramatically accelerate and further erode the standard of living for all Americans if the policies of Barack Obama remain intact.

The Obama administration has already accumulated over $4 trillion in debt in just three years, adamantly refusing to curtail spending and pursue policies designed to grow the economy.  As the European Union marches toward an inevitable collapse, which will impact American banks and financial markets, and as the world economy falters, there is no fall-back position for the United States; it has spent, printed, borrowed, and committed itself to massive guarantees which have placed the country into a position of potential insolvency. -American Thinker


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