Where we are, where we came from and where we are headed
All over the world developed nations have created more government than their increasingly uncompetitive, over-regulated, over-taxed economies can support. Deficit spending is epidemic and borrowing is reaching the limits of capacity to even maintain payments on interest. Increasing numbers of local, state and national governments are running on empty. Unpaid bills, layoffs and cuts to welfare and essential services are spreading. Financially desperate governments seem determined to seek and destroy any remaining pockets of economic viability via increased taxation and regulation.