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Old December 19th, 2012, 05:38 PM posted to soc.retirement,alt.activism.death-penalty,alt.politics.economics,sci.econ,rec.travel.europe
Bret Cahill[_2_]
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Default "Federal Spending by the Numbers - 2012

"Federal Spending by the Numbers - 2012

Introduction


The federal government has closed out its fourth straight year of
trillion-dollar-plus deficits, and the imperative to rein in spending
has never been greater. Because all government spending gets paid for
through either taxes or borrowing—both of which burden the economy—
spending reduction is an essential condition for promoting economic
growth...


Eliminating them federal deficit will cause a depression.
That is a fact. Pretending doesn't change facts.


Boehner knows this which is why he he is caving.

Laws were passed in 2011 that go into
effect Jan 2 2013. Those laws cut the deficit in half
by spending cuts and allowing tax cuts to expire.

That is being called a "fiscal cliff" because if
those laws go into effect it
will trigger a depression.

Cutting the deficit won't promote economic
growth. It will cause a depression.


And an even bigger deficit.

Austerity: free marketry w/o money.

Reaganomics: free marketry w/o free speech.

Teabagnomics: free marketry w/o free speech or money


Bret Cahill