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Great: The Federal Government Borrows 46 cents Out of Every Dollar it Spends

Words Wrote: Dec 09, 2012 11:56 AM
Today's workers? You mean the 3 people (one of whom is a minority) who are supporting one person receiving benefits? Thousands of factories have moved out of the U.S. Who is going to support all these people with their tax dollars? The guy working at Walmart? His taxes are going to support all these people? Don't make me laugh so hard in the morning.

After all of his seemingly endless campaign stops and harsh rhetoric about the rich not paying "their fair share," it turns out that the president’s proposed tax hikes on “the rich” will only raise enough revenue to run the government for about eight days. But that doesn’t really matter, of course, because it’s all about “fairness.” In other words, if Washington lawmakers are serious about reducing the federal deficit -- as they claim to be -- the real solution is that they must stop borrowing and spending money we don’t have. We cannot carry on like this indefinitely:

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