Monday, October 24, 2011

We are $14 T in debt.

We are $4 T in debt since Obama took control (about $8 since 2006-Democratic congress).

We are in debt $1.3 this year.

So...have we undertaxed the wealthy $1.3 T this year?  $4 T during the Obama era?

1 comment:

Baxter said...

Relative revenues are at 60-year lows - we need to get them to 60-year highs.

Once we are unambiguously in recovery, all of our taxes need to go up. Not just the wealthy.

Thank god Obama stabilized the deficit. It would exceed $4T per year if he followed Reagan and Bush patterns.

Fiscally, we need more Clinton, less Reagan/Bush. Rather obvious, isn't it?