What's the magic plan to pay off Obama's MASSIVE debt?

I never said their was one but, probably the same as Bush's plan oh how we'll pay for Iraq. Tell everyone the policy will pay for itself.

I don't support the massive debt being racked up by just about *ALL* the Democrats right now. But, I didn't agree with the debt being racked up by the Republicans during their last reign either.

Wasn't "the economy" doing quite well before the collapse of the financial sector? And wasn't the Government debt as a percentage of GDP, at the time, not historically high? And wasn't the economy that produced high tax revenues partially due to the Bush tax cuts? Wasn't, thus, the Government operating on relatively sound fiscal policy until the financial sector crash (which had nothing to do with tax cuts or the Iraq war)?

Wait until you see Obama's 800 Billion $$$$ war budget coming up!!

Not totally true.

The 2001 Bush tax cuts were intentionally graduated to impact the wealthy more during the later years of the program, and this was changed in 2003 to accelerate the benefits to higher wage earners.

Additionally, the tax cuts were designed to expire in 2011 specifically so they could avoid rules intended to protect hidden spending, really to hide the true cost.

Yes, the rich pay more, blah blah blah, we all know this but the 2001 tax cut wasn't really as simple as being across the board.

-spence

just havin' fun...you love me...:uhuh:

Of course. What fun would this place be if we couldn't exchange an elbow jab or two once in a while?

that's the question that everyone should be asking Buck...there is nothing being done to spur the economy, this is a willful destruction of the American economy, they will continue to smile at you and tell you things are getting better as everything collapses....higher taxes, more regulation, more dependence on government and greater government control of the private sector and your life ....this is now the playland of the radical left....good luck everyone...don't think that they haven't factored amnesty into the mid term calculus.....