Article Image
News Link • Books

The Imperial City's Fiscal Waterloo

• lewrockwell.com By David Stockman

The economist is on a mission to send his new book TRUMPED! A Nation on the Brink of Ruin… and How to Bring It Back out to every American who responds, absolutely free. Click here for more details.]

It's all over now except the shouting about Obamacare repeal and replace, but that's not the half of it.

The stand by Senators Lee and Moran was much bigger than putting the latest iteration of McConnell-Care out of its misery. The move rang the bell loud and clear that the Imperial City has become fiscally ungovernable.

That means there is a chamber of horrors coming. With it, an endless political and fiscal crisis that will dominate Washington for years to come. Its cause is deep and structural.

Found Fathers, Fiscal Crisis and the Washington of Today

The founders, in fact, were small government de-centralists and non-interventionists. That's why they agreed to Madison's contraption of redundant checks and balances.

Join us on our Social Networks:

 

Share this page with your friends on your favorite social network:


Purse.IO Save on All Amazon Purchases