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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (30281)5/8/2010 4:26:48 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 103300
 
Well... we surely *won't* get any "VAT" from an Obama administration, but what exactly are you talking about when you say "other entitlement freebies"?

(The Medicare part D entitlement pushed by President Bush that was 100% deficit financed?)



To: GROUND ZERO™ who wrote (30281)5/8/2010 5:20:33 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 103300
 
Germany's Balanced Budget Amendment to their Constitution kicks into effect in 2016.

It's limits their annual deficits to no more then 0.35% of revenues.

(So, soon every Euro that German politicians may think about giving to Greece, or Italy, Spain, Ireland, etc., is a Euro that they have to take away from spending inside Germany... away from health care for Germans, defense spending, unemployment, etc., etc.)


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