Bush and Obama and McCain all collaborated on setting in motion the policies that have seen 8.5 _trillion_ dollars added to the debt. The interest on that will wreck absolute chaos in the years to come. at a declared federal only debt of about a trillion or trillion and a half (I forget which) you were paying 22 cents on the federal tax dollar in interest payments. Multiple that by 5 and oops. we have to raise taxes 5% just to make our interest payments....if we shut everything else down. Sowwy.
This isn't about socialists versus free marketers. Its the bipartisan betrayal of the republic.
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timeasmymeasure
don't blame the bill for the deficit skyrocketing
Date: 2009-02-10 02:50 am (UTC)This isn't about socialists versus free marketers. Its the bipartisan betrayal of the republic.