Surprising absolutely no one who can add:
“CBO’s baseline confirms that the nation, despite claims to the contrary, remains on a damaging debt pathway.” They observe that debt will remain over 90 percent of gross domestic product for the period 2013-2023, resulting in a drag on growth equal to 1 percent per year. That translates into a total loss of 11 million jobs for that period. Moreover, by 2023 Medicare, Medicaid and Social Security will comprise about 64 percent of the budget, “crowding out other federal priorities.”
Okay, maybe surprising Democratic voters….
Well Lance, this might not seem as bad as it is, I am retiring in 2014 and the Media won’t declare the United States of America bankrupt till a Republican gets elected to CIC.
,
Unfortunately the report stated the deficit will shrink to $845 billion. That meaningless reduction in the deficit will be sufficient for dems to shriek about how they’re on the right track and do absolutely nothing.
“Owe” owns this all by his lonesome.
IMHO the financial ruin of the USA is exact outcome 0blabla’s brain, the Iranian born Chicago lawyer known as Valerie Jarrett has as her goal.
A bankrupt state cannot afford to be a significant influence in the world on the side of good. Even in the unlikely event the non left-side of the political spectrum ever overcomes the double voting of the dumbocrats. That and the addled brains poisoned by those socialism pining academics, hollyweird mono-think and msm poropaganda spewing lackeys.
A state can be defeated economically, especially from within.
And they know that is the reason why they want the constitution destroyed. So glorious socialism can enslave a new people, and 7th cantury fascism will be stopped.
will NOT be stopped…