> So I'm just wondering who is to blame for this? (this should prove > entertaining from the partisan republicans!)
Both parties over the last 40 years. I've always said that, and never defended Bush's fiscal record. That said, after Tuesday when the President signs this terrible bill, and whenever tax cheat Geithner quietly primes the pump another $2 trillion to bail out his tax cheat friends on K street, two or more of the following become inevitable in the next 4 years: - Double to triple-digit inflation (single to double digit already inevitable) - > 20% unemployment - A major, if not world, war, probably involving China and/or Russia and the ME - a constitutional convention, where we lose what's left of our rights - possibly a civil war and an assassination or two - riots and civil unrest all around the world Bush added $4 trillion over 8 years. Bad boy. Over the next 2 years, of their own volition, and only because they can, Dems are going to add $6.5 trillion. The whole approach is wrong, and will only prolong the agony, and magnify its effects. You can't blame the wars for this. Since 2003 we've spent less on war than we will the moment Obama signs this 'stimulus' monstrosity on Tuesday. And there's a $400 billion omnibus bill right around the corner... (like this isn't an omnibus bill) You can't blame tax cuts. They increased revenue to the federal government (as they always do) and besides, you could tax 100% of income every year and still not come close to paying off the overall national debt at the time Bush took office. Besides, Obama is touting a kind of tax cuts in this bill, and hasn't explained "how we're going to pay for them". (Actually all they are is robbing peter to pay Paul, giving non-tax payers tax "rebates") Make no mistake about it: Obama is signing the Generational Theft Act of 2009 on Tuesday, but the consequences are going to visited upon us a whole lot sooner than anyone thinks. - Bob _______________________________________________ Post Messages to: ProFox@leafe.com Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/020101c98f13$41bdacf0$c53906...@rr.com ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
