Quote:
Originally Posted by SteveBollea
Regardless of what somebody on the TeeVee may tell you, the US is nowhere near bankruptcy or even being in the Greek-style crisis. Our interest rates are still near zero, we're still the reserve currency of the planet, and 80% of our debt is in US Treasury Bonds.
But yes, for the last 30 years, thanks largely to conservatives (of both the DNC and GOP stripe), people have been sold the idea you can have higher spending _and_ tax cuts!
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And who is going to run on a platfrom that says they will cut spending and increase taxes and expect to get elected? So we continue to do what we're doing and it eventually tanks.