An Unsustainable Welfare-State Rat Race

Filed in economy, Gold, Gold Prices, silver by on July 10, 2010 0 Comments

Like a rat on its exercise wheel, the White House keeps on spinning though new spending program ideas without ever determining a finish line. Basically, how to pay for them. If the Obama administration decides to step off the spending wheel too late it’s likely to end up with a no-win situation similar to the options An Unsustainable Welfare-State Rat Race originally appeared in the Daily Reckoning . The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today’s markets. Its been called “the most entertaining read of the day.”

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An Unsustainable Welfare-State Rat Race

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