Nugent Fearmongers That The U.S. Could Suffer From “Greece-Like Doom”

In an August 3 Washington Times column, Ted Nugent claimed that the United States could suffer from “Greece-like doom” economically. But economists have noted that it is “impossible” for the United States to experience the same economic problems as seen in Greece. From the Times:

Moody's and others are warning us of our impending doom by threatening to reduce the nation's credit rating even with the promise of $2.5 trillion in spending reductions. Much, much more needed to be done.

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The financial lookouts are warning us that we are headed for Greece-like doom with our berserk addiction to borrowing and spending. Higher interest rates and inflation are coming first.

Previously:

Fox Pushes “Impossible” Claim That U.S. Could Soon Become Like Greece

Hannity Channels Beck: U.S. Is “On A Path To Becoming Greece. The Country's Going To Burn”

Kilmeade Decides That U.S. Is Heading For “Greece-Like Crash”: “It's Not Even Up For Debate Anymore”