Frank1802 Wrote:
Nov 15, 2012 4:07 AM
Like Brown and Blair, the architects of our economic downfall, Obama appears convinced that it is possible to reduce the size of a nations debt and deficit by spending that which you do not have and borrowing the short fall. Of course like Obama, Blair and Brown failed to recognise this basic economic reality. By the way, lest you think your situation is different to ours, prior to the last election rumour had it that the Administration was eying your IRA'S and 401Ks so that they could take control of them and use any productivity to safeguard spending. Also in common is the belief that the problem facing both economies is one of Revenue and NOT expenditure.