So we are running an annual deficit of $1.5 - $1.7 Trillion. GOP plans to cut “proposed spending” (vs actual spending) by $4 Trillion over 10 years. Therefore, the GOP plan will GROW the DEBT from $14+ Trillion (Current Interest of $676 Billion per year) to > $25 TRILLION by 2022. Interest (at today’s artificially low rates) will then be $1.207 Trillion per year. And they want us to think this is deep surgery?! Don’t people understand that when the collapse of this Ponzi scheme comes and our economy tanks (in addition to the catastrophic riots) there will be massive joblessness, NO $ for Social Security; NO $ for Medicare, NO $ for Medicaid, empty store shelves, NO $ for infrastructure maintenance, precious little $ for Defense, NO $ for Veterans benefits, NO $ for Fed, State & Local pensions, NO $ for education, and we’ll be lucky if we aren’t speaking Chinese.
I have long been saying that the sooner that this nation goes defualt/bankrupt, the better off we will all be. Anyone who believed that the Repubs would listen to the Tea Party and the results of the November elections was/is smoking crack. =.=