Quote:
Originally Posted by lewisfk
OK, most of us can agree about the spending but how about the revenue! How much money do we have to borrow from China? Majority of the people in this thread blames Obama, but what about the House and Senate, there the ones giving out the tax breaks, the loop holds and agreeing to the austerity measures. These measures are boosted by the republicans, but have doomed most of Europe. Government must spend to create jobs, we need to rebuild America ASAP! Private companies care about their bottom line! If the majority of the Country follows Romney's 49 or 59 economical plan this country will end up like Europe! No revenue means borrowing, which means defense cuts, and less jobs for the military and civilian sector!
BBC News - EU austerity drive country by country |
Yet massive spending increases and tax increases look just like that same europe 10 years ago.
They're going to need to spend less and take in more which is an impossible sell to the people because their actions have never matched their words. Give them more money and they won't keep spending the same. Anyone got a line by line breakdown of what we spent 5 trillion on that was so mission critical that it required us to tax the production of our generations to come to pay for it?