armstrong is kind of in the middle, understanding all sides, i'd say he leans with austrians yet is well versed in history of what governments can do and will do

fwiw, i read both obie's and ryans plan, obie adds 7 trillion in ten years, ryans 5.7 trillion, the only real difference is ryan anticipates 2.9% unemployement which we have never done and obama 4 which is historically max unemployment

the main problem is the "Law of Large Numbers", which means the bigger the number a smaller change in rate of change has a large impact, several of these are at crossroads, most folks analysis are incomplete or non-existent, and are just repetition of what they've heard lately, even politicians, if u have ever watched hearings it's saddening to hear how stupid some of our politicians are

and then some number while true when not taken in context imho don't hold alot of weight, 97% of people do not understand dollar has lost 95% in value, it has no contextual meaning

presently the situation is slowing demographics combined with stagnent employement and wages, along with low interest on savings

the underlying engine of growth for 50 years has been abundant cheap energy

take saudi arabia, it's gone from 5 million people to 25 million people in a desert, 50 years ago it's own energy use was almost non existent, now with a rich country in a crappy location, there own energy costs are running into issues because of population and they have major issues with water

all countries have lot's of issues now, ares are more easily solvable, yet, u can see how politics are hampering not helping