US recovery plan

The Dallas Fed President Richard Fisher said to the Economic Club of New York “Kicking the can down the road for a few months will not solve the pathology of fiscal misfeasance that undermines our economy and threatens our future.”

The truth is that one lot won’t consider raising taxes, because it takes money out of their pockets and they argue that money is needed to promote business investment; mostly untrue.

The other lot can’t think of any cuts to spending that they would even consider, and just about everyone agrees they have to spend all that useless money on military even though its a non-investment.

The only option they have is to trash their economy so badly that the currency becomes worthless and US exports then take off as they become the new China. Since their debt is to be repaid in their own currency that would work. However, the US won’t be a very nice place to be by the time this is over.