What will happen here is the socialist parasites will drain the cash of the Capitalists so low they won’t be able to fund their stupid programs. We Capitalists are becoming too anemic to supply the socialists with unlimited tax money. They have killed the Golden Goose. A liberal with no money is pathetic, but dangerous.
- I'm afraid you're right.
But on the other hand, Capitalism and awareness of economic issues has a very strong tradition in America.
Socialism definitely is un-American, I guess most Americans would agree.
Around the world, most of us will experience some meager years in the near future, but together we will overcome this global recession even if many Americans and others hope too much from Obama (his policies are in many ways highly questionable to say the least).
Over here in Old Europe, we've experienced the up and downs of economic development for ages and things far worse than recessions, like WWI, WW2, The Black Death etc. Today it still is a rather good place to live despite stupid politicians and Islamists.
Best of regards from Scandinavia to America!