In my view, the most dangerous threat to our safety and security is not the possibility of being invaded by another country, or even the terrorist actions of any of the world’s radical elements. Instead, our greatest threat is a weak national economy.
Ancient Greece, ancient Rome and the Ottoman Empire were really not conquered by external forces. Instead, they overspent themselves to death and spread themselves too thin. That is a major lesson in history, and the government of the United States of America has not learned that lesson.
For example, the total revenues or tax collections for the federal government in 2007 was about $2.5 billion, but the total expenditures by the federal government were about $3.2 billion. So our government had a budget deficit in this past year alone of $700 billion!