We have a great compromise in place to tackle the deficit

[Vizio]

Originally Posted by The Homogenizer

What about the platforms lead you to believe that the U.S. will suspend Keynesian economics?

The fact that he's going to spend so much the Chinese won't lend us any more once the debt hits about $25 T.

[The Homogenizer]

Originally Posted by Vizio

The fact that he's going to spend so much the Chinese won't lend us any more once the debt hits about $25 T.

That's intriguing. Where did you get that number?

[malamute]

Originally Posted by The Homogenizer

That's intriguing. Where did you get that number?

If you were the Chinese, wouldn't you have had some limit in mind -- especially when you see that we're never going to pay it back and our elected leaders see no reason to get their spending under any kind of control.

[TrapperJohn]

Originally Posted by malamute

It's actually good that it's a democrat president who will have to impose a little austerity on his same voters who now expect government handouts will fall like manna from the sky onto them. They really don't see what's coming.

Not a clue. They loved Clinton and brag about his "surplus". Wait till his tax rates return.

[bluesjuke]

Originally Posted by VTHokieFan

Great news everyone. We've already compromised on how to slash the deficit in half, it's called the fiscal cliff. Everyone, from the 1%ers to the minimim wage employees WILL ALL have monetary skin in the game this time around in tackling our budgetary problems. We're also slashing spending on both GOP and Democratic pet programs. The good news is that all we have to do is sit back and let it run its course. Brace for a recession and high unemployment for a few years, and then enjoy seeing our country live on for another century.

How often in medicine is it that sometimes the cure can be more painful than the disease? Welp, this is a bit like this.

Let's go, we are already warmed up for it for a few years now.

[whogo]

The two Keynesian parties won't go over that cliff.