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Old 02-07-2010, 01:23 PM
Dan40 Dan40 is offline
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And in this atmosphere bho floats out a $3.8 Trillion budget for next year. And in the absolute best case scenario, fully 35% of that amount we will not rake in. If ALL goes perfectly well for the administration, and they get all the tax increases and receipts they want. All the fees they want, and all the growth of the economy they want. NONE OF WHICH HAS EVER HAPPENED IN HISTORY. Then ONLY 35% of the proposed budget will go to increasing the national debt. Another $1 trillion, 330 billion that we don't have, IF, a big IF all goes perfectly for the bho team. And since no administration has ever realized its best hopes, the increase in the national debt will be much higher.


The time is fast approaching when the US Dollar will be worthless!

In our recent lifetimes we watched the second largest power in the history of the world, the USSR, totally collapse under its debt. It is complete foolishness to think the same WILL not happen to us unless we stop our insane spending.
Will cutting spending HURT many Americans? And I mean deep deep cuts where we can pay down a trillion of debt instead of an increase of that amount. Absolutely it will. Many will suffer, and suffer badly. But not as many or as bad as a total collapse of our nation.
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