red states rule
07-22-2011, 03:58 AM
Pres Obama, Dems, and the liberal media are demanding tax increases to "solve" the debt issue. However when you take a hard lok at the amount of debt currently being racked up tax increases would be a drop in the ocean.
And would harm the already sagging Obama economy
This year the budget deficit will soar to about $1.7 trillion
That is about $4.3 billion per day
Or $180 million per hour
What and/or could the government tax that would cover that tab?
And that does nothing to reduce the national debt, the deficit in Social Security and Medicare, the unfunded pensions of federal workers and the military
Then you have the debt being racked up by the 50 states
When you run all the numbers the amount of debt the US currently owes is nearly one hunderd trillion dollars
So tell me, who is going to pay this debt off while the debt keeps growing?
And would harm the already sagging Obama economy
This year the budget deficit will soar to about $1.7 trillion
That is about $4.3 billion per day
Or $180 million per hour
What and/or could the government tax that would cover that tab?
And that does nothing to reduce the national debt, the deficit in Social Security and Medicare, the unfunded pensions of federal workers and the military
Then you have the debt being racked up by the 50 states
When you run all the numbers the amount of debt the US currently owes is nearly one hunderd trillion dollars
So tell me, who is going to pay this debt off while the debt keeps growing?