In response to:

Extortionist In Chief

JRM57 Wrote: Feb 21, 2013 1:40 PM
Let's see... we're 16 trillion dollars in debt. So that would look like this. 16,000,000,000,000 (12 zeroes) 85 billion looks like this. 85,000,000,000. (Nine zeroes) First take away the 9 zeroes from the 85 billion and 9 zeroes from 6 trillion and it looks like this. $85 vs $16,000 ......... You have a debt of $16,000. You make a payment of $85. If you were not charged interest, it would take you 15 and a half years to pay off that debt. And you call that a "modest" start??? It's not even a drop in the bucket my friend......

At the end of 1995 and stretching into January 1996, the federal government "shut down" because of an impasse between President Bill Clinton and House Republicans led by then-House Speaker Newt Gingrich. The issue was increased taxes vs. less spending. Sound familiar? The government re-opened when a bipartisan agreement was reached to balance the budget by 2003. It wasn't for reasons that included, but were not limited to, two wars. Now the national debt is racing toward an unsustainable $17 trillion.

This time around it isn't about closing government. It's about "sequestration," which President Obama, the Democrats and their big media...

Related Tags: Spending Cuts Taxes economy