Government Accountability Office: GOP tax breaks ruined American economy



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Topic: Politics > Politics-USA
User: "HoHoHo"
Date: 28 Oct 2006 03:36:29 PM
Object: Government Accountability Office: GOP tax breaks ruined American economy
What they don't talk about is a dirty little secret everyone in Washington
knows, or at least should. The vast majority of economists and budget
analysts agree: The ship of state is on a disastrous course, and will
founder on the reefs of economic disaster if nothing is done to correct it.
There's a good reason politicians don't like to talk about the nation's
long-term fiscal prospects. The subject is short on political theatrics and
long on complicated economics, scary graphs and very big numbers. It reveals
serious problems and offers no easy solutions. Anybody who wanted to deal
with it seriously would have to talk about raising taxes and cutting
benefits, nasty nostrums that might doom any candidate who prescribed them.
http://news.yahoo.com/s/ap/20061028/ap_on_go_ot/america_the_bankrupt
WELL, EVEN A SIMPLE MATH WOULD GIVE YOU A GROSS ESTIMATE OF THE DISASTER IN
10 OR 50 YEARS.
BUT YOU NEED TO TAKE A BREAK FROM WATCHIN' AMERICAN IDOL CRAP ... DIFFICULT,
EH?
.


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