Estonia? Or Greece & Spain? Take your pick. The U.S. is currently on a deliberate course to the latter. With or without Obama, economic sanity must be restored, and the provably successful models of a greater America of the past and a little Baltic country should provide the road map.
Read Michael Tanner’s National Review take on Estonia as a follow-up to that refreshing little nation’s President Toomas Ilves putting the self-admiring Paul Krugman in his place.