June 26, 2013
Are businesses bracing for U.S. to fall like Rome?
Technologically, the best companies in the world like Apple, Google, and Facebook are all made in the United States. Without a doubt, the United States is the Rome of its time. However, while all may seem well from that perspective, all is not well. Economically, our growth has become stagnant. Our national debt has skyrocketed to some $17 trillion, standing taller than our 2012 GDP of $15.68 trillion. In practical terms, if everyone worked the entire year and gave everything that every company, man, woman, and child produced, we still wouldn’t have enough money to pay off all of our debts.