August 2, 2012

The Euro and Us

The Euro and Us - Amb. John Bolton
“For the United States, the stakes are high and time is short. Although the costs to the mistaken Eurozone countries have been enormous, they at least foreshadow what will happen to others who repeat their mistakes.
We can, as one alternative, choose a second term for President Obama in which he blithely adds even more to our already massive deficits, thus moving along the Greek and Spanish paths. Or we can turn away before it is too late.
Pursuing the Mitt Romney/Paul Ryan budget strategy won’t guarantee a complete and instant recovery, but re-electing Obama will certainly guarantee the opposite.”

Comment: Bolton provides a clear warning for the United States re our fiscal policies and the long-term damage caused by socialism.

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