Actually, t jacobs has a point. When the Democratic party took over congress in 2007, it allowed Bush to go back to his moderate tendecies. The deficit skyrocketed and has been over 1 trillion dollars for the last four years. Add on QE1, QE2 & QE3 and now the Treasury Secretary basically wants debt limit eliminated, there’s probably no ending to this cycle.
One reason why this hasn’t dramatically affected the US economy is the European Union is worse off than the US. Hoping the EU will continue to be worse is probably not the best policy
Think its bad now. Wait till the end of the year. Trillions get cuts, taxes get raised, Congress can’t act, nothing get done.Fiscal cliff a coming. Hang on to what you got. Enjoy this year the next one does not look so hot.
t jacobs over 11 years ago
thanks obama!
Thunderdog2 over 11 years ago
Actually, t jacobs has a point. When the Democratic party took over congress in 2007, it allowed Bush to go back to his moderate tendecies. The deficit skyrocketed and has been over 1 trillion dollars for the last four years. Add on QE1, QE2 & QE3 and now the Treasury Secretary basically wants debt limit eliminated, there’s probably no ending to this cycle.
One reason why this hasn’t dramatically affected the US economy is the European Union is worse off than the US. Hoping the EU will continue to be worse is probably not the best policy
Linguist over 11 years ago
Wouldn’t the little bugger be better off getting another dollar from Dad to strengthen the piggy bank ?
Vet Premium Member over 11 years ago
Think its bad now. Wait till the end of the year. Trillions get cuts, taxes get raised, Congress can’t act, nothing get done.Fiscal cliff a coming. Hang on to what you got. Enjoy this year the next one does not look so hot.
Vet Premium Member over 11 years ago
1970 was a good year.Song still rings true today.