Friday, June 14, 2013

Budget Deficit Over Next 30 years ...

... predicted to be $106 Trillion.

The government is like an obese, food and alcohol binging drug addict that just discovered meth. Little acts to control the deficit are not going to work. Either the government needs to cut its spending significantly (repealing ObamaCare would be a good first step), or ... well, there is nothing else. You can't raise taxes enough to cover that type of deficit, and any major tax hikes would tip us into a full fledged depression.

No comments:

Post a Comment

Weekend Reading

 First up, although I'm several days late on this, Jon Low posted a new Defensive Pistolcraft newsletter on 12/15/2024 . He includes thi...