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I will say that this is propaganda talk..it's starting to get us ready for an about face on "no taxes for the middle class".
Now I won't call Obama a liar here because I never believed he could pull that one off with the debt rising as much as it is and spending bills flying though congress with slabs of pork hanging off each page.
Right from the get-go, I though that was a promise he could not keep, not "would not keep" but "could not keep".
The taxes MUST go up..we cannot spend our way out of debt.
I will say that this is propaganda talk..it's starting to get us ready for an about face on "no taxes for the middle class".
Now I won't call Obama a liar here because I never believed he could pull that one off with the debt rising as much as it is and spending bills flying though congress with slabs of pork hanging off each page.
Right from the get-go, I though that was a promise he could not keep, not "would not keep" but "could not keep".
The taxes MUST go up..we cannot spend our way out of debt.
Don't agree that it's propaganda. I think it's the first truly honest assessment of what we've all known, but has not been acknowledged by this administration. CBO, Bernake..should have been warning of this long ago.
Stimulus, bail-outs on top of an existing deficit..then a massive entitlement that puts it over the top. It's infuriating in its' predictability.
Debt to reach 90% of GDP by 2020?? Unsustainable is right.
I don't care at this point what Obama does to get us out of this frigin mess, just do something that will help us out of this mess and soon. Economy, and jobs, please Mr. President do as you promised, to make things much better then we have know it, not worse.
I don't care at this point what Obama does to get us out of this frigin mess, just do something that will help us out of this mess and soon. Economy, and jobs, please Mr. President do as you promised, to make things much better then we have know it, not worse.
I agree, but his focus and priorities seem out of whack
Elmendorf noted a recent CBO report that pegged an increase in the public debt from $7.5 trillion at the end of 2009 to $20.3 trillion at the end of 2020 if President Barack Obama’s fiscal 2011 budget were to be implemented as written. As a percentage of gross domestic product, the debt would rise from 53 percent to 90 percent, CBO forecasted. The last time the percentage was that high was right after World War II.
Is there anybody that still thinks obama is not going to almost TRIPLE the debt?
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