Debt Ceiling Deadline - August 2nd

LSUDad · Aug 10, 2011

PURPLE TIGER said: ↑

We need more Democrats! TAX, TAX, TAX!!!

Punish those who contribute!
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More on this...........

Blame Obama for the Wrecked Economy

Say what?

“If you had a company that had revenues of $2½ million and expenses of $4 million, with no change in sight, $1½ million in losses each year as far as the eye can see and it had already borrowed $10 million, what would you rate that company? I surely wouldn’t rate it AAA.

“That is the U.S. situation today," Laffer said. "Taxes are about $2½ trillion, government spending is about $4 trillion and we have about $10 trillion in net national debt. I don’t see that as being a AAA country.

“If the S&P and the others were doing their jobs correctly, they should have downgraded a long time ago.”
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Laffer: Obama Must Use Reaganomics to Save Economy

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Debt Ceiling Deadline - August 2nd

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