Deficit Reduction: How?

Post by **GORDON** » Tue Aug 02, 2011 4:32 pm

Tucson newspaper political cartoon: Tea Party = terrorists

http://newsbusters.org/blogs....nding-s

Post by **thibodeaux** » Tue Aug 02, 2011 5:01 pm

1. Right wing noise machine!
2. Why does "not raising the debt ceiling and demanding spending cuts" = "bringing down the government and/or the global economy." WTF?

Post by **GORDON** » Wed Aug 03, 2011 9:39 pm

We are now borrowing at 100% of the GDP.

http://news.yahoo.com/us-aaa-rating-still-under-threat-204040123.html

Hey, have y'all heard about how the Tea Party are terrorists?

Post by **TheCatt** » Thu Aug 04, 2011 8:51 am

The new borrowing took total public debt to $14.58 trillion, over end-2010 GDP of $14.53 trillion, and putting it in a league with highly indebted countries like Italy and Belgium.

Who doesn't want to be like Italy?

Post by **Leisher** » Thu Aug 04, 2011 3:11 pm

Maybe if the economy crashes we'll finally be able to end free lunches for all the lazy pricks in this country?

Alhazad · Post by **Alhazad** » Fri Aug 05, 2011 11:58 pm

S&P dropped the U.S. to AA+

bit of an optimistic projection, really.