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Follow me at http://twitter.com/#!/shaneyoungblood
Haven't heard the specifics of the deal but if that is the case then it sounds like huge tax hikes and very little cuts in spending
I guess Shane thinks Yeldon will flip to Bama after he enrolls at Auburn. Brilliant. Sell those subscriptions, BOL.” - TIGER
I saw this picture somewhere. Makes a lot of sense to me...
Dave that is awesome. Its breakdowns like this that are needed to get through to the "low information voter" aka Idiots.
Don't kid yourself.
Is this picture over a year old or is it just using older numbers? The current on-budget debt according to usdebtclock.org is over $16.3 trillion.
It's my understanding that the present of value of the unfunded liabilities which includes social security and medicare is $222 trillion.
After I say that keep in mind that the politicians knew that our population would be aging and chose to spend money needed to fund these programs for the future in which an increasing percentage of the population would be receiving benefits of these programs. (Entitlement reform might not be necessary or the situation would be much less severe if the Congresses had simply spent less to be able to honor the promises made to older Americans.)
To put it bluntly, the United States is bankrupt. Our debt-to-GDP ratio is over 90%. We're not Greece yet, but we are headed in that direction.
We need a law preventing government from borrowing money.
Some people believe the system will collapse at some point. Perhaps that's what it will take for people to actually change things.
The whole contrived crisis over the fiscal cliff and taxes is pointless. It really doesn't matter. I saw somewhere recently that years from now the difference between what Obama wants and what Boehner wants would result in a difference of only $0.2 trillion.
US National Debt Clock : Real Time U.S. National Debt Clock
Gotcha, I would fire that accountant.
Did. the amended return was done by someone who is very competent. I'm hoping the fiscal cliff thing is why they are stalling. We'll see.
Probably an old picture, but the point remains. Present course=bankruptcy.
Raise ceilings or remove shit?
I thought that their ulterior motive all along was sequestration. (Dems and Republicans)
You know a politician is lying when you see his mouth moving.
I'm curious who you consider the bigger idiot the voters who supported Bush (Who created this recession and debt), or the so called idiots who supported Obama who don't wanna see it repeated?
Turn off Fox News because it's propaganda not news!
What it means,is that your children,grandchildren and great grandchildren will end up paying for this mess.And the dickheads who created it will get pay raises.
IF IT FEELS GOOD,YOU AIN'T DOING IT RIGHT!
First off Bush spent money like a madman. You liberals should have loved him. As for Fox news, I don't watch it, I don't watch any of them. I do find it funny that lefties single out the only network w/ conservative opinion commentary while ignoring every other outlet which spews left wing propaganda not only in their opinion commentary but also the "news".
As bad of a president as Bush was its laughable that you are buying Obama's blame Bush for everything rhetoric while running up record debt.
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