PoliticalChic
Diamond Member
1. In "Applied Economics: Thinking Beyond Stage One," Dr. Thomas Sowell points out that many politicians do not think beyond Stage One because they will be praised (and elected) for the short term benefits but will not be held accountable much later when the long term consequences appear.
The truth can be clearly seen in the economic policy that will be voted on in November.
2. The NYTimes verifies that the Obama economic plan is less beneficial than the Ryan Plan:
a. Deficit in 2016
Obama: $529 billion
Ryan Plan $241 billion
b. Added debt over the next ten years:
Obama $6.4 trillion
Ryan $3.1 trillion
c. Balances the budget:
Obama: never
Ryan: by 2040
http://www.nytimes.com/2012/03/21/us/politics/house-republicans-release-budget-blueprint.html
Not even close!
To vote for the Obama economic plan, one would have to subscribe to 'I know nothing...I vote Democrat.'
Obama: When you find yourself in a hole.....stop digging.
The truth can be clearly seen in the economic policy that will be voted on in November.
2. The NYTimes verifies that the Obama economic plan is less beneficial than the Ryan Plan:
a. Deficit in 2016
Obama: $529 billion
Ryan Plan $241 billion
b. Added debt over the next ten years:
Obama $6.4 trillion
Ryan $3.1 trillion
c. Balances the budget:
Obama: never
Ryan: by 2040
http://www.nytimes.com/2012/03/21/us/politics/house-republicans-release-budget-blueprint.html
Not even close!
To vote for the Obama economic plan, one would have to subscribe to 'I know nothing...I vote Democrat.'
Obama: When you find yourself in a hole.....stop digging.