Saturday, October 2, 2010

Hmmmmmm

The U.S. National debt is almost 14 Trillion dollars which is almost as much as our gross domestic product. Okay you got my attention.
So the Democrat solution is to allow the taxes to go up on people who make more than 250k. But this is after passing a huge stimulus spending package and a health care bill that is almost guaranteed to cost megabucks as well.
The Republicans want to cut the spending down drastically but they will not make much of an effort to raise the money though taxes to lower our debt.
It seems to me that we have to bite bullet and cut back on our spending and allow the tax rate to go up. I am not happy about that but then again we have almost $14,000,000,000,000 in debt. Perhaps seeing all those zeros helps us to gain some perspective on this.
Trouble-Maker is hopeful that one of the political parties to do the hard thing and truly do what is necessary to reduce our national debt. But since what needs to be done is unpopular on many fronts, he will not hold his breath waiting for that to happen.



Sincerely,



Trouble-Maker

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