Enjoy your slumber tonight America, we are taken care of cradle to grave.
SB: Stress on the GRAVE.
Posted on 03/06/2010 12:25:07 PM PST by American Dream 246
The wolf is at the door and we've got Little Red Riding Hood as president:
President Obama's proposed budget would add more than $9.7 trillion to the national debt over the next decade, congressional budget analysts said Friday. Proposed tax cuts for the middle class account for nearly a third of that shortfall. The 10-year outlook released by the nonpartisan Congressional Budget Office is somewhat gloomier than White House projections, which found that Obama's budget request would produce deficits that would add about $8.5 trillion to the national debt by 2020.
What's $1.2 trillion between friends, right Barry?
The CBO and the White House are in relative agreement about the short-term budget picture, with both predicting a deficit of about $1.5 trillion this year -- a post-World War II record at 10.3 percent of the overall economy -- and $1.3 trillion in 2011. But the CBO is considerably less optimistic about future years, predicting that deficits would never fall below 4 percent of the economy under Obama's policies and would begin to grow rapidly after 2015. Deficits of that magnitude would force the Treasury to continue borrowing at prodigious rates, sending the national debt soaring to 90 percent of the economy by 2020, the CBO said. Interest payments on the debt would also skyrocket by $800 billion over the same period.
It's raining red ink and there are no umbrellas to be found, and no place to duck into and avoid getting soaked.
“This level of spending is treason.”
Nothing could be more true. And the fools will still blame Bush. Why don’t about a million of us walk through the White House? And I don’t mean with an invitation.
Do a little house cleanin.....We’ve all been talking about this far too long. And I hope Napitalano (whatevrrrrr) is reading this.
Very good, it's up there with "getting Borked" as it saves a lot of words while conveying the meaning to the reader.
"Barracked" might someday mean: "reaching for something attractive only to find it has wiped-out your checking account, eaten your grandkids, caused nuclear war in the middle east, "press one for Chinese", Burger-flipping is a career, f*cking windmill's broke, again, "Ya call this a Chevy!", will work for food, etc.
They'd best remember Romania circa 1989.
I’m at a loss for words.
I’m not asleep. My eyes are wide open. I am glad more people are waking up to this sort of treason and (hopefully) are doing something about it. I will never vote for a rino again.
There MUST be cuts in Non-discretionary spending to have ANY impact on the budget...we have to find a way to reduce Social Security, Medicare and Medicaid. Other than that there is no solution...there are not enough tax dollars, nor enough tax payers, to solve the problem with revenue.
President Bush was killed when he tried a minor reform of Social Security...we will see what we are made of because the fabric of this nation will be torn apart no matter what choice we make...
Post that graphic again, would you? This seems like the ideal article for it.
Thanks, nobama. You and the other spend thrift bast**ds in congress are screwing us and ruining our childrens’ future. Thanks a lot. Just what level of Hell do you think you’ll end up in????
“Hence the urgency to pass ZeroCare NOW. The so-called medical benefits won’t start till 2013 at the earliest but the taxing’ starts immediately....need to keep the Ponzi scheme going ya know.”
Exactly.
“Actually the number is over $100 trillion when you include the unfunded liabilities that have been Enronized over the years.”
Which is $.1 Quadrillion...numbers to boggle the mind - and it’s our national liability...:(
Notice to the libtards and progressive defenders of Jack Squat Barry: It says -—> President Obama’s proposed budget <-— not Bush’s, idiots.
1. Inflation, plus
2. Population growth
We end up in surplus fairly quickly. Look here: How to Solve the Deficit with No Pain
I never thought of it that way, but you are right.
That of course is the question. Do enough people in the country even understand what is going on?
bump
great stuff here if it actually works....
I’m at a profit for words, it’s all part of the free market. ;’)
If people don’t pay federal taxes, that should not disenfranchise them. They might be retirees who are invested in muni bonds (for example).
I’ve long thought that the disqualification of taking federal money for voting is a good idea. It harkens back to the Founders’ ideal that only property owners had the vote - and property owners in those days were the taxpayers, since we had no income taxes.
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