In response to:

America's 10-Year Learning Curve

natch Wrote: Nov 24, 2012 7:44 AM
"...after we have once again tried everything else, we will do the right thing." You think we have enough time left?
Joe 145 Wrote: Nov 24, 2012 8:18 AM
I agree. Many of the CHANGES that President Obama (And his predecessors) implemented are permanent. Just try to get rid of Social Security or Medicare. If given any amount of time, Obamacare will be the same.
Pistol Wrote: Nov 24, 2012 10:17 AM
There is hope Joe 145, though it comes at a nasty price. Just as a municipal bankruptcy can overnight eliminate unfunded union and pension entitlements, Germany went through the Weimar financial collapse and came out the other side 'way ahead of France, Britain and us. France and Britain never recovered from the 30's back to the political status they enjoyed in 1920 when they ruled the roost. Somehow, the Germans figured out that productivity was the key, and while strikes and finger pointing hampered every other country, Germany went to work and pulled out. A monetary collapse here would nullify SS, Medicare and Barrycare, since no one would pay any attention to a near worthless government piece of paper.
Winston Churchill once quipped you can “trust the American people to do the right thing after they have tried everything else.” His observation touches on a recurring theme in United States history: major political change is often preceded by a decade long learning curve. This pattern can be seen from the Founding era up to the election of 2012.

Ten years before the American Revolution, the British Parliament passed the Stamp Act of 1765, which was the first in a series of direct taxes over the American colonies. The colonists immediately recognized it as a violation of their fundamental...