So you think it is a good thing we are 17 trillion in debt? A lot of our debt is the result of low revenue which has been 16.7 percentage of our GDP. That is LOW.
Can we call a timeout here and use just an ounce of common sense? Please? I'm begging
everybody...
100% of our debt is the result of one thing and one thing
only - spending more money than you bring in. People can ***** about tax cuts all they want, but when the government brings in less money, they have to spend less. And they don't. Both sides are guilty of that reality. It's not rocket science - you don't spend more than you bring in.
The difference is, the liberals in America don't want to accept less spending because they are thoroughly enjoying their gravy-train. So instead, they create the absurd narrative that the wealthy owe them something. Now, I want you liberals to watch this video
closely. Besides being hilarious listening to the blithering idiocy of Nancy Pelosi, watch what they say about taxes and confiscating 100% of the wealth for anyone with more than $1 million (hint: it's' not enough to even cover the deficit for ONE year under Obama - much less federal budget in FULL).
[ame=http://youtu.be/-T2i9-0PL1o]Highlights from The Blithering Idiot. - YouTube[/ame]