Thompson says spending puts U.S. on course to Soviet-like oblivion
AP | by Mary Ann Chastain
LAURENS - Republican White House hopeful Fred Thompson said Wednesday that the United State's spending on programs like Medicare and welfare puts the country on a course for the same financial oblivion that brought down the Soviet Union during the Cold War.
"We're doing it in a different way," Thompson said during a radio interview in response to a question about President Ronald Reagan's strategy of outspending the Soviet Union and whether the U.S. was now on the same course. "The bottom line could be the same."
Wednesday, January 16, 2008
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