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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: bart13 who wrote (83244)	11/16/2011 7:46:40 AM
From: KyrosL	1 Recommendation Respond to of 217580

Please, don't let facts interfere with a good story.

To: bart13 who wrote (83244)	11/16/2011 8:37:22 AM
From: Fiscally Conservative	Respond to of 217580

And now the tax payer is on the hook for an additional 3 trillion dollars in debt! In fact the total debt now is over 100% of our GDP. 1.3 trillion more added this year alone. So what we have here is an economy addicted to unprecedented Federal Spending. Throw in the 1/3 reduction in Social Security Payroll tax (6.2% to 4.2 ) for the employee this year which increased average disposable income by some 4+%. In essence we financed our GDP growth by giving the average worker more dollars to spend at the expense of Social Security! simple facts of course