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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: D. Long who wrote (481178)	4/6/2012 6:58:01 PM
From: robert a belfer	1 Recommendation Read Replies (1) \| Respond to of 794309

This is what are local lefties believe and are trying to sell. 285bound.com [quote="LadyJazzer"] Tell you what...YOU pay off the $14Trillion of the national debt that YOUR fuhrer, Bush, added to the debt with two unnecessary, unpaid for wars; the $750Billion unpaid for drug benefit; the $4Trillion of the unpaid-for Bush tax-cuts....And we'll pay off the part that Obama has had to add... God, I love it when you revert to those b.s. talking-points that have been disproven over and over... It makes it soooo easy... Must drive you crazy to see a LIBERAL doing well, without getting "handouts" from the gub'mint... rofllol :lol:[/quote]

To: D. Long who wrote (481178)	4/6/2012 7:34:08 PM
From: skinowski	5 Recommendations Respond to of 794309

The median family income in the US as of 2010 was about 52K a year. And the deficit spending - per person - is close to 6K. That is 24K for a family of 4. Not counting the "stimuli" and QE's. And that is not the entire spending, only the deficit part of it - the part covered by "borrowing". Does our relative prosperity really, literally depend on an ongoing money bubble? For how long can they keep this going? No idea. But sooner or later it will blow. Could be any time, really. Obama getting reelected could be the trigger, perhaps.... I hope that republicans will start talking before the general election. So far, they are not doing nearly enough.