Ping
I like the way this guy thinks.
You want the USA to have junk bond status credit rating? Really?
This is a bargaining hip to get exactly what we want. Use it.
This article is wrong in it’s headline, and precedes from bad data and surrenders the battle over baseline scneraios for the US and world economy to economists who are absolutely opposed to any form of austerity.
Using realistic baseline scenarios brings one to the conclusion the Federal Government must be reduced by 40%.
BY surrendering the actuarial and forecasting to Progressive economists and bureaucratic fiefdom economists in the government, you are allowing for the government to remain at least 11% larger than it must be reduced.
It’s a huge number in real dollar terms, and it can not be a battle surrendered without a fight every day to control the definition of terms in the media and the bureaucracy..
Raise it until the default, and let’s get this thing over with.
Gallup: For First Time, Majority of Americans Favor Legal Gay Marriage
http://www.freerepublic.com/focus/f-news/2722729/posts
No, I believe we would be talking about cuts to discretionary spending alone, which would be far larger than 29%. Cuts would not be made to debt payments and could not be made to any of the non-discretionary programs without Congress voting them.