Indiana Governor Mitch Daniels gave an interview to the New York Times in which he said:
Daniels: I start from a premise that not everyone would agree with, I guess. I believe the American experiment is in mortal peril because of the debt we have coming….
This is more frightening than even the Soviet nuclear threat, which would have been more horrible. If we go broke, we’ll still be alive, but the probability was so small. In this case, the damage, the catastrophe, will be very, very severe, and the probability – I mean, and it’s inexorable.
Q: Absent action.
Mr. Daniels: Absent action, yeah. The probability, I think, sadly, is very high.
(via Andrew Sullivan.)
Wednesday, January 05, 2011
Posted by John at 1/05/2011 03:46:00 PM