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Old 02-14-2011, 11:16 AM
 
Location: High Cotton
6,125 posts, read 7,476,777 times
Reputation: 3657

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Debt Now Equals Total U.S. Economy

Thanks Dims!
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Old 02-14-2011, 11:17 AM
 
Location: Raleigh, NC
20,054 posts, read 18,288,764 times
Reputation: 3826
In before Bush's fault.
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Old 02-14-2011, 11:18 AM
 
9,727 posts, read 9,732,136 times
Reputation: 6407
Barack Hussein: "Allah Akbar!! Mission accomplished!"
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Old 02-14-2011, 11:21 AM
 
45,231 posts, read 26,457,645 times
Reputation: 24990
"We don't have a spending problem, we have a revenue problem"

Signed,
your garden variety liberal

Last edited by Frank DeForrest; 02-14-2011 at 11:36 AM..
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Old 02-14-2011, 11:22 AM
 
Location: Dallas, TX
31,767 posts, read 28,827,269 times
Reputation: 12341
That's correct. This country didn't start amassing debt until 2007, and especially after Jan 2009.
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Old 02-14-2011, 11:22 AM
 
Location: Raleigh, NC
20,054 posts, read 18,288,764 times
Reputation: 3826
Increasing taxes has NO effect on revenue! Tax them 800B more, you'll get 800B more.

No wonder liberal econ professors suck at math.
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Old 02-14-2011, 11:23 AM
 
Location: deafened by howls of 'racism!!!'
52,697 posts, read 34,572,254 times
Reputation: 29289
we'll just spend our way out of it.
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Old 02-14-2011, 11:25 AM
 
Location: Dallas, TX
31,767 posts, read 28,827,269 times
Reputation: 12341
Quote:
Originally Posted by summers73 View Post
Increasing taxes has NO effect on revenue! Tax them 800B more, you'll get 800B more.

No wonder liberal econ professors suck at math.
I know... cutting taxes has had so much more of an impact on what many of the geniuses see as "the last hope" for America.
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Old 02-14-2011, 11:25 AM
 
3,189 posts, read 4,983,879 times
Reputation: 1032
Like maxing out your credit cards, just the INTEREST on the debt now is 25% of our national annual GDP.
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Old 02-14-2011, 11:26 AM
 
Location: Don't be a cry baby!
1,309 posts, read 1,362,953 times
Reputation: 617
"DEMO-crats at work"
This should be a sign at/on all unemployment offices, home forclosures, gas pumps, your IRA statment and schools, just to name a few.

(Funny how "Demo" [as in epidemic] is in the front of that parties name, isn't it!)
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