We are in worse political shape not worse fiscal shape. Since we can print our own foreign excahange we can continue fiscal irresonsibility far longer than any other country, and have. Other countries face foreign exchange constraints that force them to reform. We don't until China decides they don't want dollars. Then we get to enjoy run away inflation, and the destruction of the middle class. We can continue this as long as China enjoys seeing us destroy the source of our strength. If Obama wins this is what we will do.
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