Thread: Economics The Fiscal Cliff Approacheth
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Old 10-19-2012, 09:52 AM   #91
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Quote:
Originally Posted by BigRedChief View Post
This and he will regardless if he wins the election or not. If the Republicans want to drive the American economy over a cliff so the top 1% can keep their Bush era tax cuts, then thats what will happen,
It is equally accurate to say that If the Democrats want to drive the American economy over a cliff because they want to play politics and class warfare and pretend to punish the rich to distract the intellectually dishonest from the fact that raising taxes does not help the economy then thatís what will happen. By the most ridiculously optimistic outcome if the projected increase in taxes collected were not only accurate but they got double that amount it would still not cover the amount we are spending.

If the United States Government were a person and they wished to buy a $50,000 house, they donít have a good enough debt/expense ratio to qualify for a Government loan.
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