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Re: our deficit


Do people realize, that at the numbers the Obama administration is posting as the "target" deficits over the next 8 years, that the line item for just interest on the debt will be 1 TRILLION dollars a year. That is almost 1/3 of the current budget proposal. And that is with out dealing with social security at all. This is insane. How are we going to pay it? One of two things are going to happen, massive tax increases or massive service cuts. Take your pick, they are both terrible options as a whole. All of you who say tax the rich, be careful of what you wish. The "rich" guy you work for may just save money by eliminating your job. Washington needs to cut up the credit cards now or we are in for a wild ride no one wants to take.
This is CABL.com posting #252357. Tiny Link: cabl.co/mbdOr
Posted in reply to: our deficit by sab3r
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