Debt Bombs All Around! When Do They Go Boom?
Ugh. Boy am I pessimistic about our economic future. On all levels. Locally, we have an ever-expanding school system with a backlog of school construction needs, noisy parents expecting the very very best, and spineless politicians (for the most part). Virginia is continuing to shortchange its economic engine in NOVA and defunding transportation evermore. And nationally – baaaarrrrrfffff. Underfunded entitlements are the game du jour. Promise promise promise yet never identify how such programs will really be paid for in the future. All while we borrow borrow borrow from nations that really don’t have out best interests at heart. I don’t see much in the way of good times ahead I am afraid!