In response to:

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

mhughes962 Wrote: Dec 14, 2012 1:09 PM
Thats the argument for global warming, imean climate change... By the Way, when FDR proposed the housing projects for blacks (why they voted D for the first time since Lincoln) Republicans at the time said that the projects would cloister and segregate the black comunity to the inner cities for decades to come. Yep, what a silly prediction. We all know that the PROJECTS are bastions of upward mobility and societal evolution right? Another prediction made 30+ years ago was that welfare would insentivise the break up of the nuclear family and deprive the poor of the support of a two parent home. Gee, that was a moronic prediction... BTW, if we had a graf like that in 2000 it would have still showed the debt increasing

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...