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To: Dr. Ursus; Carley; circlecity
The Economist, even after being a little generous on assumptions. http://www.economist.com/business-finance/displaystory.cfm?story_id=15772801 Conclusion? Invest in riot gear companies. To lower the deficit from 13% to 9%, they taxed and cut so much people will flip out as soon as taxes and deductions kick in. Now keep in mind that they need to cut another 9%, while their debt is was past 100% of GDP and while their GDP is going down at least 2% a year.
6 posted on 03/27/2010 8:17:05 AM PDT by mainsail that
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To: mainsail that

CBO now admitting that our debt will be 90% of GDP.

Thanks to the maoist who is intent on turning us into a debtor nation on the verge of bankruptcy.


7 posted on 03/27/2010 8:26:10 AM PDT by Carley (Are you better off than you were four trillion dollars ago?)
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