Both parties are responsible for how we got here, so say otherwise is a lie.
The problem I see now is that Obama wants to spend more, Boehner want to cut and save.
Elections have consequences, Democrats wanted the White House, they got it. Now stop crying about the past and FIX THE PROBLEM. Taxing the rich does not even come close to touching the amount of debt we have. Time for some real solutions!!!
Greeks earning more than $55K a year will now be in the top tax bracket of 42%.
I know the lefties on the board keep crying, TAX THE RICH!!!
The problem is, the definition of RICH is subject to change. At the rate we are going, many of you will soon be classified this way. There will be no choice as the governments obligations become more than they can meet.
It will be ironic when the rank and file Union Member suddenly finds themselves part of the "RICH".
Like comparing an elephant to a pigmy. Makes good brain dead talking point. In reality it will never ever happen in the largest economy of $13 Trillion.
Purely from an economic point of view, this exactly the right time to borrow more to spend on the infrastructure because the interest for US Treasuries are at the lowest point in history.
We can't fail because we are too big?!?!?!? Really?!?!?!?!
Well, the big behemoth pictured below was way too big to fail as well...
The only difference between us and Greece is we can print out own currency. So technically, we can print our way out of it. However, hope you like paying $300 for a loaf of bread.
Facts are facts even if you haven't hear of it or you don't lik it. It is known historical fact that Rome crumpled due military overreach, rich getting complacent, rich becoming engaged only in being drunk and debauchery. Heard of Caligula, it is not a fiction there actually was an emperor Caligula. Read stupid.
Talk about telling someone to read, READ THE DAMN THREAD BEFORE RESPONDING.
My poiny is, it's bullshit to think just because we are the biggest economy means we can not fail. If this were true, our credit rating never would have been cut.
You want to keep harping about Rome, go ahead. I am taking about a country which will soon have 20 ATRILLION in debt and even more unfounded liabilities.
There will come a time when people will no longer lend us money, THEN WHAT...
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