In response to:

This Graph Says it All: “Spending is the Problem”

wethepeople2016 Wrote: Dec 13, 2012 5:38 PM
Hey LoisThe#1Loser, you must be only about 4 years old or you would remember that under the Bush Tax policy, unemployment dropped to about 4.5%, the economy was booming and deficits (while I detest ANY federal deficit) were low. The housing bubble caused by Demorat policies (Policies that blackmailed banks into making loans to innercity poor and other so called disadvantaged groups) was the raeson the recession was so bad. By the way, This Reagan Conservative wants Everyone to do well, but not with handouts.

Anyone who believes that the president’s proposed tax hikes on “the rich” will save our country from insolvency is grossly mistaken, and should begin to educate themselves by examining the graph below. Whoa:

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This isn’t the least bit surprising, of course. We’ve seen this coming for a very long time. Barring major cuts to entitlement spending the country will go bankrupt. It’s not a possibility -- it’s an absolute certainty. Which is why I find all the “negotiations” surrounding raising taxes on...