Clueless.............from Rico

These four charts should tell you everything you need to know about our situation. Where we were vs. where we are, with a visual of where we go from here.
They should also explain why the MSM and FTV cheerleaders and many "economists" of the Keynesian-Marxian variety are clueless about our situation.
- Our politicians? Well, they're clueless by definition I'd say...with the rare exception that proves the rule like Ron Paul.

Hey, this isn't "rocket science" and you do NOT have to be an Ivy League professor to grasp the concept that borrowing your way out of debt doesn't work.
- In fact, it is quite an advantage being outside the Halls of Macademia and in the real world. It gives those of us who actually know HOW make things work a perspective quite removed from ivory tower bloviations of how things SHOULD work....in 'theory' of course.

Here is a one-question "pop quiz" for Prof. Bernanke, Timmy Geithner, Berry Soetoro and their delusional ilk:
- Name ONE example from the entirity of human history where "getting out of debt by getting into debt" actually worked?
Bonus essay question for extra credit:
- When has this economic theory EVER ended well, and exactly why are things different THIS time?