For the longest time I have wondered where conservatives like Tim Pawlenty get their economic advice. Now I know.
"A few days ago," Minnesota Gov. Pawlenty related, "I was having breakfast with my wife, my 91-year-old mother-in-law and daughters, 17 and 13. On TV there was a news report about the financial situation in Greece. Out of the blue, my 13-year-old said, 'This is going to be us pretty soon.' I almost dropped my fork. This is an eighth-grader."
Wow. Awesome. A 13 year old girl is now an economic adviser for a GOP 2010 Presidential hopeful. That certainly explains quite a bit.
It's not surprising, though, that she thinks this as it has been a major talking point from the Cult over the last few weeks. Using FUD (fear, uncertainty, and doubt) while simultaneously unleashing a load of wordy squirts, conservatives of our land have decided that Greece's economic woes are just a foreshadowing for what is going to come here...aka this:

Of course, many Cult followers are under the impression that Greece is a socialist/communist/fascist country. In fact, it is a
parliamentary republic. Israel is another example of a parliamentary republic. Yet another would be South Africa.
Per the usual vitriol, the reason given by the Cult that Greece is having so many financial problems is due to the commie run spend machine that runs their country. While there is no doubt that spending was a problem, there was nothing communist about it. In fact, one of the main reasons why there was such a crisis of confidence in the Greek economy was their complete failure to impose any sort of discipline on tax collections. When only 300 people report having swimming pools on their taxes out of the 16,000 that actually have them, one has to wonder where the Greek government gets their income.
Ironically, young Ms. Pawlenty is right about one thing. We should be worrying about Greece but not because we will become them someday. We ARE them right now in the sense that our economy is global. This is a tough nut to crack for the Cult who, on the whole, wish that "fir-ners would leave us alone with their pinko faggot ways." We are all in this together now, folks, and trying to isolate ourselves economically from the world is just plain stupid. China learned that lesson quickly and look where they are today. If someone farts in the Federated States of Micronesia and Wall Street doesn't like the smell, my IRA is going into the shitter. And this would be because, even more ironically, Wall Street is run by a group of people who have the emotional maturity of a 13 year old girl.
Now, I know many of you are wondering...what about all that spending? Well, take some time and research
the historical tables on spending, debt, and deficits located here at the White House web site. Table 1.2 shows deficit spending at 14.8, 30.8, 23.3, and 22.0 percent of GDP for the years 1942, 1943, 1944, and 1945 respectively. During that time, we defeated the greatest army the world has ever seen and after that time we had the biggest boom in our country's history. Our deficit spending for last year was 10.9 and will be 11.2 percent for this year...both still considerably lower than any of the WWII figures.
Examine the federal debt in Table 7.1 for the same period and compare it to today. In 1946, we had a federal debt of 126 percent of GDP!! At the end of 2009 we were at 83.4. Certainly, this is high but consider the post war years and examine the decline. It took us five years just to get back to where we are today. And that time was considered an economic boom with virtually no one screaming about us becoming "like Greece."
We've weathered far worse than this, dear readers, and we still have our Triple A credit rating. We're not going to become like Greece and even a 13 year old can see the difference between our two countries...assuming, of course, that the 13 year old has not been programmed by the Cult.