7/18/11

Here's the fiscal facts and the conclusion we might draw

Fiscal FactCheck | FactCheck.org: "These historically high rates of spending and low rates of taxation have combined to produce a chain of deficits that are also the highest since WWII." And here is the conclusion: "We won't attempt to assign blame to one party or the other for the deficits. There is plenty of blame to go around, some of which rests with an American public that won't accept cuts in the largest categories of public spending, and also resists tax increases on anybody but 'the rich'." Solution zap all the Bush tax cuts and cut the military before anything else. Close the corporate loopholes. Come back if that does not solve it.

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