Quote from Ricter:
Those were opinions.
Really...
Deficit spending - Debasement of currency by QE... check
http://www.heritage.org/research/re...ne-reveals-permanent-trillion-dollar-deficits
Annual budget deficits would never drop below $1 trillion, as the debt is now projected to reach 100 percent of the gross domestic product (GDP) by 2020âand continue growing thereafter. This steep rise in debt would eventually become too large for global capital markets to absorb, potentially triggering a financial crisis, an interest rate spike, and gigantic tax increases.
The second message is that surging government spendingânot low revenuesâis driving long-term deficits. Recession-depleted tax revenues are scheduled to rebound to their historical average of 18.0 percent of GDP by 2018 and reach 18.4 percent by 2021âeven if all tax cuts are made permanent. By contrast, federal spending (historically 20.3 percent of GDP) is projected to reach 26.4 percent of GDP by 2021.
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debt to gdp... I called your attention to that stat a month ago..
it might have been 2.43 cents spent to make a dollar of GDP... but then when I saw how bad the spending was I rounded up..
debt to gdp -- check
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Mcjobs... CNN had a graph... a very high percent of jobs being created are service industry jobs... McJobs... check
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ME policy destablizing... is there any doubt now? r... check
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Did Pelosi Reid and Obama let insurance companies craft Obamacare and dictate the forced to pay rules... Yes... Sellout --- check see the frontline special on PBS. (note the sup court recently opened this topic up again... check the thread here on ET)
Obamacare should have been single payer... does anyone argue otherwise? Not any liberals. and conservatives would just say no obamacare.
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world record taxes on middle class.
since Sup Ct declared Obamacare a tax... new taxes on middle class amount to a record tax increase.
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he is destorying our energy situation. no pipeline, no offshore drill and investing in failed companies... its may be an opinion... but it is a virtual fact.
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invited attack on embassy... ok that may be an opinion... but seriously 911 in Libya... and paltry security... who knew?
did Obama even run a lemonade stand... his lack of executive experience is a fact.