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Politics : American Presidential Politics and foreign affairs
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To: RMF who wrote (44181)7/21/2010 8:21:49 AM
From: Peter Dierks3 Recommendations  Read Replies (2) of 71588
 
What you should be reading is that profligate spending will destroy the nation. The Obama / Pelosi Administration are the most profligate spenders in the history of our nation.

>Spending—which has averaged 20.3% of GDP over the past 50 years—won't remain as stable. Using the budget baseline deficit of $13 trillion for the next decade as described above, CBO figures show spending surging to a peacetime record 26.5% of GDP by 2020 and also rising steeply thereafter.<
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