Deficits of Mass Destruction

#Money

Sat, Jul 24th, 2010 20:00 by capnasty NEWS

Nearly the entire United States' deficit for this year and those projected into the near and medium terms are the result of three things: the ongoing wars in Afghanistan and Iraq, the Bush tax cuts and the recession. The solution to the U.S. fiscal situation is: end the wars, allow the tax cuts to expire and restore robust growth. The United States' long-term structural deficits will require them to control healthcare inflation the way countries with single-payer systems do. And yet: the drumbeat of deficit hysterics thumping in self-righteous panic grows louder by the day.

  787

 

You may also be interested in:

18 Brilliant Inventions Suppressed in the Name of Corporate Profiteering
How To More Easily Understand U.S. Congress' Solution to their Federal Deficit Problem
Where All the American Flags Being Burnt in Pakistan Come From
Canada Switches to Plastic Banknotes
The Month-Old Baby With Government Salary and a University Degree