First, the unemployment problem. It was due to ATM machines and airport kiosks. Now the deficit. If we could only tax those corporate jets we would be home free. So simple. It would raise $3 billion in taxes over the next decade. Remember the great luxury tax idea in the early 1990’s? It put all Read the full article…
First, the deficit numbers reflect current interest rates. These rates won’t stay forever. It’s calculated at 2.5% interest. If interest rates go to the average of 5.7%(past two decade average), the deficit would increase by $4.9 trillion over the next ten years. Next, the growth in GDP is forecast at 4% in 2012, 4.5% in Read the full article…
Here is a defense of Obama by my favorite liberal commenter. i>Closed Gitmo – It is not Obama’s fault that republicans are such cowards that they are afraid of a bunch of middle eastern men in shackles and orange jumpsuits. Reduced Unemployment – In early 2009, our economy was teetering on the edge of disaster Read the full article…
