Off-Topic: National Debt in 10 Years
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Name:   water_watcher The author of this post is registered as a member - Email Member
Subject:   National Debt in 10 Years
Date:   7/10/2011 7:53:50 AM


It took the United States 236 years to rack up $14 trillion in debt ... if nothing is done, in 10 years the national debt will be $27 trillion.  So based on the Obama proposed government spending the national debt will nearly double. 

How anyone cannot say we do not have a spending problem has a real issue facing reality.  58% of all taxes are paid by the top 25% wage earners.  41% of working americans pay no taxes.   So what percent should the top 25% pay? 

If the top 25% was taxed 100% it would still not come close to solving the problem.  And gee if we take more from job creator and consumers and let the government spend it ... will that help or hurt the economy? 

So sad that Obama and the dems play on the ignornance of people like GF. 
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National Debt in 10 Years - water_watcher - 7/10/2011 7:53:50 AM



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