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Review title: Grover in fantasy land
Product review: Grover panders to the American fantasy of the impossible: a high service government and low taxes. This can be done by exploding the national debt, precisely what has happened in the Reagan and W years. Reagan slashed taxes and within the eight years of his administration, the national debt doubled. W was foolish enough to cut taxes while fighting a war, the first American president to do something that stupid. As the dollar dives, the foolishness of low taxation should be obvious to all, but it isn't. OPEC debated in Nov 07 whether they should stop taking dollars in payment for oil--a sign of the times.As long as foreign governments, including China, are willing to buy our government bonds, high US national spending with low taxes will last. But nothing lasts forever. Interest rates will go up big time, buying a house will be prohibitively expensive for most, and few Americans will blame themselves for the fiscal profligacy of the people they elected.
