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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Giordano Bruno who wrote (409096)8/11/2010 8:39:49 PM
From: Cogito Ergo Sum  Read Replies (1) of 436258
 
Such a tax hike would leave the U.S. running a surplus equal to 5 percent of GDP this year, rather than a 9 percent deficit. So the IMF is really saying the U.S. needs to run a huge surplus now and for many years to come to pay for the spending that is scheduled. It’s also saying the longer the country waits to make tough fiscal adjustments, the more painful they will be.

That's asking government to be ants (save for a friggin cold winter) and not be grasshoppers..

How would they ever get reelected :O)
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