Universal Obamacare: Will It Bankrupt America?

“Once the economy gets going and business sees a real opportunity to invest and expand again, they’re going to bump up against the fact that the feds are spending an enormous amount of money,” Bandow says. “This is just going to transform the credit marketplace, and we can’t assume the Chinese will forever be helpful in buying all of our debt. What that does to interest rates, and what that does to private investment, could be quite significant.”

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