Greece’s economy is bankrupt because their politicians spent more money than they take in. They cannot pay their debt.
Today Spain and maybe Italy are also in need of a bailout. This is exactly where the United States is headed. For over three decades our career politicians have spent us into enormous debt.
The career politicians we continue to re-elect are to blame. They are not addressing this problem.
Today the Republicans are trying to retain Bush-era tax cuts. The Democrats are trying to spend more money on temporary job creation. Do the math. It all adds up to more debt. Greece, Spain, and Italy have the European Union to bail them out.
Who will bail us out?
Serving in Congress should be an honor, not a career.
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