Mathematically Assured Depression by Herman Cain
A great article by Herman Cain:
Mathematically Assured Depression
Mutually Assured Destruction (MAD) was a doctrine of the Cold War (1950s to 1990s) in which MAD was seen as helping to prevent any direct full-scale nuclear conflict between the United States and the Soviet Union. In other words, it was a lose-lose scenario for both countries if either one attacked first.
Our economy is on a government-induced lose-lose trajectory of financial destruction between federal spending and tax revenue. It’s a Mathematically Assured Depression (MAD). The only unanswered question is when. Read the full story
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Tags: cold war, herman cain, mad, mathematically assured depression, mutually assured destruction
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