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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (623111)8/6/2011 9:57:29 AM
From: i-node1 Recommendation  Read Replies (1) of 1579460
 
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"Compared with previous projections, our revised base case scenario now assumes that the 2001 and 2003 tax cuts, due to expire by the end of 2012, remain in place. We have changed our assumption on this because the majority of Republicans in Congress continue to resist any measure that would raise revenues, a position we believe Congress reinforced by passing the act."

You can post this crap 20 times, but if you read the report -- something I know you're not capable of doing, since yo have never read a book in the last ten years -- there is one overriding point that comes through: There is a lack of political will to cut expenses.

Any person who understands numbers can see that these issues aren't solve by raising taxes. You may change things somewhat, but at the end of the day, you have to eliminate Medicare and SS as they now exist or you are not going to solve this problem.
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