The logical conclusion reached from the financial crises in several European countries is that their governments spent too much. Yet Washington has been spending recklessly for the past dozen years with no sign of slowing down. It's like the lemming at the back of the pack, who sees his fellows plunging off the cliff--he could choose either to stop before he reaches the edge, or he could plunge to his demise with the others. Guess which Washington has chosen.
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