WSJ
Imagine government spending reaching 25% of GDP while those revenues decline 15%. What happens when one spends more than is in the bank?
The 10.2% unemployed are not expected to return to work anytime soon, Obama recently admitted the stimulus employment bonanza has been delay until 2012.
Next week Obama will announce the terms of additional Afghanistan military, if sent, members of the DNC are requesting the public be taxed to support them.
A hacker broke into a server containing emails revealing information 'scientists' had hidden from general public. Conclusions were made not to reveal the truth, global warming was a farce, but to only supply lies supporting the ewacko theory that man made global warming would in time destroy our Earth. Today libs in congress support Obama in legislation to implement a climate tax.
Today our existing debt is somewhere in the neighborhood of $1,5 trillion, record territory never before explored by any other president. Even without a health bill, service on current debt is what's upsetting so many of the GOP about future burdens on your children and grandchildren.
ObamaCare is being advertised as 'no cost'. No chance. Taxes on the bill begin immediately yet coverage is delayed 3 or 4 years, it is not a 10 year plan. ObamaCare adds to the deficit. The first 10 years of the plan cannot survive without those upfront year of no coverage, what happens form years 10 through 20? And we are printing money today.
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