America’s Current Situation

There has been a string of posts along this line of reasoning lately.  For good reason, too: Our perilous economic and political postition.

America begins slide into third world status

It coincides with the rising price of oil and the falling price of bucks. Three GOP administrations, Reagan, Bush Sr., Bush Jr., have presided over three pernicious trends: a falling dollar, the US loss of manufacturing preeminence, the decline of the US domestic oil industry. The sum of all three trends equals the loss of US empire. The policies of three GOP administrations have not merely failed to [...]