Ralph Evans
2008-06-28 14:54:21
tax increases and taxcuts are not really going to matter if you dont have a government willing to reign in its lust for spending and develop the spinal calcium to face and deal with the problem of around 57 trillion in unfunded future mandated payments. face it there is no SS trust fund it is IOUs that they have to pay back before they can ue them. 60+% of the budget is mandatory spending, SS, debt service and the like.
if inflation is allowed to keep eating away at discretionary spending this consumer driven economy falls on hits the rocks no matter who is at the helm.
with 800B in new promised spending there isnt going to be anything left for a federal budget in 4 yrs of this socialist regime to wory about.
