Quote:
Originally Posted by Jim in CT
That's really something if that's true. is there any reason to doubt it? they've been calling for bothSo Obama's response to our crisis is to throw gasoline on the fire, by spending more, following the previlus stimulus that by Obama's own metrics (about what it would do to unemployment) was an abject failure. that would be the MO for a long time now
CT just came out with a study that is projecting annual deficits of more that $1 billion for the next several years, and THAT is assuming that tax revenues increase by 7% a year during that time, which is absurd. Maybe the state should start buying Powerball tickets. these Federal negotiations are not even factoring the deep problems that states are in
Scott, in another post, you said the liberals let's just say...those whose faith resides in governmentwon't learn until the crisis hits. I have been saying that for several years. That crisis will occur when a sufficient number of baby boomers are devastating entitlement funding, maybe another 15 years.
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most likely Geitner knows nothing about any of this and was just sent to the negotiation to read talking points written by some unknown source that may or may not be accurate or factual and might or might not reflect the beliefs or postitions of the Whitehouse
also ironic is that the President will spend the next few weeks flying around the country in luxury, pandering to the wallowing masses and bashing the rich before heading off on a 20 day, 4 million dollar vacation in Hawaii as the country goes over the fiscal cliff, you just can't make this stuff up...
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