I’ve Seen America’s Future in Stockton, Detroit, and Chicago

News of Stockton California’s bankruptcy shouldn’t surprise us or the dismal economic conditions in Chicago and Detroit. The entire state of California should be in bankruptcy considering that it’s $127 billion in debt and nothing on the horizon to stop the plummet into the void. Stockton’s municipal government is a microcosm of our national government except that it can’t print money to keep its government going. If we keep printing money at the national level, we will have lots of Read more […]