Congressman Pete Stark, from California, thinks the bigger a country's national debt the more the other less indebted nations will genuflect at its corrupt altar.
Can any one suggest a good reason why this moron was ever let loose on US politics?
Update: I've just taken a look at Wikipedia on Pete Stark. He's got no degree in economics. He's got one in general engineering. Still that didn't stop him tooling up in the banking industry. In 1963, Stark founded Security National Bank, a small bank in Walnut Creek. Within 10 years it grew to a $100 million company with branches across the East Bay. No wonder he likes debt! Other people's and the nation's, of course!
The Dependency ratio, taxes and the state of the public finances
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Number of claimants State Pension 12,969,000 Universal Credit 6,969,000
Personal Independence Payment * 3,515,000 Housing Benefit 2,149,000
Attendance Allo...
13 hours ago
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