Looming War in Mideast
The recession is upon us. And that means war.
War is an absolute certainty now, not because of oil, but because the only way the Administration knows how to extricate itself from a recession is through deficit spending. And the only justification that will persuade Congress to relax existing deficit spending limits is an actual war.
It is also the sad truth that we voters will vote for the reelection of this President and this Congress only if they give us a war that is sufficiently hideous to justify deficit spending limits high enough to bring about an early end to this recession.
And neither this President, nor this Congress, nor we voters really care about the fact that this recession, like all recessions, can be easily and promptly ended by simple, bloodless means that don’t even require that we again increase the debt burden of our children and grandchildren.
SUMNER WILLIAMS
Corona del Mar
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