SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Liberalism: Do You Agree We've Had Enough of It?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: calgal8/13/2012 6:57:32 PM
2 Recommendations   of 224749
 


The U.S. Government owes more money than all of the other nations combined. It now borrows 40 cents for every dollar it spends. Soon the cash deficit will reach $14.3 trillion, which is the current limit by law. We expect the debt ceiling limit to be raised to about $17 trillion, and the best we can hope for in spending cuts is a pathetic $50 billion.

Yet the president claims with his new budget that he will save us $1.1 trillion over ten years, and that there will be a freeze on spending. Sure, after he first increases spending. He must have owned a retail store in his first life, because like a store owner, he’s going to raise prices by 50% just before announcing the “onetime only” half off sale. He plans on paying for his spending spree by increasing the marginal tax rate from 35% to 45%, dividends from 15% to 30%, and by raising the death tax. He must think we sit on the stupid bench!

Why should we be so lucky this time to think the president is telling us the truth about the meager 10 year, $1.1 trillion savings; especially after he lied to America about not mandating healthcare during his presidential campaign? His quote was, “Hillary mandates that everyone buy healthcare. She would have the government force every individual to buy health insurance. I won’t have such a mandate when I become president, because I don’t think the problem is that
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext