On the day after S & P downgrades the US credit rating, in the week after the great "compromise" on US debt, it is hard to have much hope for the United States and its future. Sure, the US has gone through greater difficulties in its past, Civil War, the Great Depression, WWII, but it feels different this time around. The eight years of the Bush Jr. administration were ones of squandered opportunities. Instead of investing in infrastructure, paying down debts, and laying the foundation for the future, very little was done. The country lived off the prosperity and hard work of previous generations. Then everything blew up in 2007 and 2008, due to the greed of the overgrown Financial Industry. (I highly recommend reading The Big Short by Michael Lewis .) The corrections made by the Obama administration, while noble in intent, have not gone far enough. Then the election of 2010, in which a minority of Americans participated, when those opposed to Obama were motivated and his...
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