Why the US has really gone broke

Discovered this today (via my vigilant wife) : Why the US has really gone broke, by Chalmers Johnson

“Our public education system has deteriorated alarmingly. We have failed to provide health care to all our citizens and neglected our responsibilities as the world’s number one polluter. Most important, we have lost our competitiveness as a manufacturer for civilian needs, an infinitely more efficient use of scarce resources than arms manufacturing.”

Those that know me, know my theories on the US economic situation – this a well worth the read on “the war economy” from another point of view.

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