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Politics : Politics for Pros- moderated
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To: Neeka who wrote (462535)12/29/2011 7:01:26 AM
From: skinowski  Read Replies (1) of 794363
 
My back of the envelope calculation shows that the Federal deficit spending amounts to about $400 per each man, woman and child in this country. And this is only the borrowed amount. If an average family of 4 with an average income will keep spending 1.5-2K per month above their means, they'll go broke. And this is exactly what our politicians are doing on our behalf. And - recall that half of us do not even pay federal income taxes. This makes it quite a nifty burden on those who do.

Laffer, or whoever will be in charge of these issues, better do a good job.
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