When the Bubble Bursts, We’re So Screwed – Reason.com

Matt Welch argues in this article that the debt bomb is going to hurt this country bigly, but while entitlements are made out to be the major cause, there is scant mention of the defense bomb, which grows every year. The DOD is a money pit that cannot reconcile what they receive. When is someone going to balance the DOD?

From Reason

All we have to show for 9 years of economic expansion is record amounts of debt, and all long-term fiscal problems ignored.

Source: When the Bubble Bursts, We’re So Screwed – Reason.com

Talk about South Carolina!