Nobody laid it at the feet of one person. Reigle certainly played a major role.
You mention the "full faith and credit of the United States." Ask any Native American how trusting the full faith of the United States worked out for them.
Then you bemoan outsourcing jobs. Do you suppose that resulted from the highest corporate tax rates in the world? Yet your source talks of raising revenue to solve the problem. Not much of a solution to bring jobs back and grow the economy.
Then...and I really love this...the word games of saying that unfunded liabilities are "future promises!!" Nope. They are real promises of future payment. Try telling your mortgagee that you are going to modify the amount you pay because it was a "future promise" subject to change by the person who made the promise.
No, what is really needed is an integrative understanding of economics and truth that is seriously lacking in a huge portion of the public, who are willing, if not eager to swallow absolute gobble-dy-gook, without applying even a rudimentary level of critical thinking.
You mention the "full faith and credit of the United States." Ask any Native American how trusting the full faith of the United States worked out for them.
Then you bemoan outsourcing jobs. Do you suppose that resulted from the highest corporate tax rates in the world? Yet your source talks of raising revenue to solve the problem. Not much of a solution to bring jobs back and grow the economy.
Then...and I really love this...the word games of saying that unfunded liabilities are "future promises!!" Nope. They are real promises of future payment. Try telling your mortgagee that you are going to modify the amount you pay because it was a "future promise" subject to change by the person who made the promise.
No, what is really needed is an integrative understanding of economics and truth that is seriously lacking in a huge portion of the public, who are willing, if not eager to swallow absolute gobble-dy-gook, without applying even a rudimentary level of critical thinking.