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

Whatadifference Wrote: Dec 13, 2012 4:09 PM
How do you teach an old dog new tricks?? In the last 4 years this "President" has never even cut spending. He doesn't even know how to do that. Can some adviser please help Obama??

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...