Yes he is. Beck IMHO is of on another Dr Catastrophic the sky is going to fall bents, given the Econ man he had on the other day and any other subject matter you can think of. It is bad.
I have to be honest, are we at the same place Lee Iococca was at when he was approached to run got POTUS and looked at it and said no thanks, it is too broke it can't be fixed.
Perhaps Beck is seeing the next POTUS being handed all of Obama's dog piles and not a enough dump trucks or bucket loaders to clean it up.
Today someone was talking about ( Savage? or Beck ) that we don't make it without a collapse and the question begs what or whats do we look like after it happens....
The issue is that the Democrats have locked in massive deficit spending since 2008 and this spending where an unsustainable 50 cents on every dollar the federal government spends has become the new normal.
Much of this money has been spent to pay welfare recipients and the unemployed to disguise our near Great Depression levels of unemployment and to give Americans a false sense of economic security and normalcy
As a result, we will be stuck with a national debt three time what it was when Obama took office and a huge welfare roll to support unemployed Americans.
The next President will be handed a country that is massively in debt and has a massive social welfare burden to pay non working Americans. How this is unwound will be the problem of the next President.