Free Republic
Browse · Search
News/Activism
Topics · Post Article

Its hard to believe The One will drown the country in all this red ink based on the advice of a few in his inner circle. With an overwhelming number of economists echoing what Mrtin Feldstein notes here, implementation of these policies, especially considering the current recession, will lead the US to ruin. The only good news is it will limit The One to a single term - small consolation for those of us standing in the rubble that was once our country. Read more at http://hotair.com/archives/2009/05/13/feldstein-the-coming-tax-regime-that-will-kill-american-productivity/
1 posted on 05/14/2009 6:46:55 AM PDT by wingsof liberty
[ Post Reply | Private Reply | View Replies ]


To: wingsof liberty

It may or may not limit 0bama to one term. I am undecided at this juncture, because I have no way of estimating the upper boundaries of just how stupid his (voting) supporters are and how willing they are to vote themselves delusional goodies over standing up for Founding principles.

If, and as the country spirals further down into deep recession, the “tax the rich and tax them some more” chant gets legs, then it does. You know and I know the ill effects, but da peepul either get brains in their heads or vote themselves skittles. I don’t have any illusions that there’ll be a big change in this department. Maybe some Jews will wake up to the idea that they elected their mortal enemy and take his approval rating from 79% to sub-50% but these are people who can_not_vote_republican_no-way_no_how. It is not possible, they absolutely can not. That’s not going to be enough to swing anything.


2 posted on 05/14/2009 6:54:13 AM PDT by Attention Surplus Disorder (Mr. Bernanke, have you started working on your book about the second GREATER depression?")
[ Post Reply | Private Reply | To 1 | View Replies ]

To: wingsof liberty
http://hotair.com/archives/2009/05/13/feldstein-the-coming-tax-regime-that-will-kill-american-productivity/
6 posted on 05/14/2009 7:19:23 AM PDT by A.A. Cunningham (Barry Soetoro is a Kenyan communist)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: wingsof liberty

This is ridiculous! Obama is out in the next election! No way in hell that all the Americans who have enjoyed their liberties in this country and a great standard of living are going to finance this socialist nightmare! It will fail along with all the left wing kooks in the democratic party that have gone hard left! I’m beginning to think the dummies running the Republican Party won’t have to do a damn thing to win. It’s to much to radical to quick. When anyone examines what Erkel is trying to do, you end up shaking your head....not possible.


7 posted on 05/14/2009 7:19:36 AM PDT by AngelesCrestHighway
[ Post Reply | Private Reply | To 1 | View Replies ]

To: wingsof liberty
I read an article that said the GOP was having a difficult time in describing, to the general public, exactly how large the federal budget is. The biggest problem was getting people to realize how large a 3.7 trillion dollar budget is. I did a little math last night, and came up with exactly how large a 3.7 trillion dollar budget is. I came up with an astounding number, that being:
If we laid 3.7 trillion one dollar bills, flat, we would be able to paper an area 14 times the size of the state of Rhode Island. I understand we are borrowing about half of that amount, so we are borrowing about 7 times the size of Rhode Island to pay for this calamitous budget.

Here's my math behind that assertion: A dollar bill is 2.61 inches wide by 6.14* inches long which gives an area of 16.0254 which is 0.1112875 sq. ft. (16.0254 divided by 144 sq. inches per square foot). Thus 3.7 trillion dollars would give us an area of 411763750000 sq. ft. To convert square feet to square miles, we would divide the square footage (411,763,750,000) by 27,878,400 (5280 x 5280) and we would get 14769.99 square miles. Given that Rhode Island is 1,045 sq. miles, we would divide the total square miles (14769.99) by 1,045**, giving us 14.13 times the area of Rhode Island.
I hope I have made some type of obvious mistake here, and that I am completely wrong. If anyone sees any mistake, I'd be appreciative of corrections.

*Source:http://wiki.answers.com/Q/What_are_the_dimensions_of_US_Currency_bills
**Source: http://www.rhode-island-map.org/
10 posted on 05/14/2009 8:25:41 AM PDT by krogers58
[ Post Reply | Private Reply | To 1 | View Replies ]

To: wingsof liberty

The people who support “Cap and Trade” are the same ones that supported the infamous “Luxury Tax”, that never collected enough money to support the tax collectors, much enough to pay all of the out of work boat builders. It took only one year for Congress to quietly repeal it, without admitting how far their collective heads were up their collective asses.


12 posted on 05/14/2009 5:12:31 PM PDT by Mack the knife
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson