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1.8 trillion dollar deficit for 2009.
13 trillion dollar debt.
4% interest on t-bills.
Increased/excessive/un-restrained spending justified by unrealistic economic forecasts.
Likelihood of double digit interest rates.
Guaranteed hyper inflation to pay back out of control debt.
Worthless dollar.
Why does no one talk about the ramifications of massive, massive debt? How do you think massive tax increases will affect our economy? The president is currently pushing cap and trade (an absolute disaster even in a good economy) and nationalized health care that will cost over 3 trillion over ten years by a most likely inaccurate government estimate.
Can someone reply to this in an educated manner?
13 trillion dollar debt.
4% interest on t-bills.
Increased/excessive/un-restrained spending justified by unrealistic economic forecasts.
Likelihood of double digit interest rates.
Guaranteed hyper inflation to pay back out of control debt.
Worthless dollar.
Why does no one talk about the ramifications of massive, massive debt? How do you think massive tax increases will affect our economy? The president is currently pushing cap and trade (an absolute disaster even in a good economy) and nationalized health care that will cost over 3 trillion over ten years by a most likely inaccurate government estimate.
Can someone reply to this in an educated manner?
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