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April 19, 2010
Stimulus Myass
The truth-- even if right now we were to go ahead with a return to the Clinton tax tables, raise the caps on income subject to Social Security taxes, have the states keep increasing their sales and income taxes, and apply new Obama surcharges on health care -- is that we are still going broke. Do the math: $12 trillion is a lot of debt ($40,000 for each of us, $200,000 for a family of five starting out in the world -- like a second home mortgage in other words). $20 trillion in just eight more years is doom. -- Works and Days ｻ An Age of Untruth
Posted by Vanderleun at April 19, 2010 7:51 PM. This is an entry on the sideblog of American Digest: Check it out.