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    http://www.weeklystandard.com/blogs/...11_554659.html



    2011 marks the year where mandatory spending will cost more than total federal receipts.

    I'm something of a technocrat, I think Bill Gates should be given absolute power for a few years to straighten things out.

  • #2
    I wonder if there is an elected official in America with a Community College level knowledge of economics.

    M-11
    “All men dream...... But not equally..
    Those who dream by night in the dusty recesses of their minds wake in the day to find it is vanity;
    but the dreamers of the day are dangerous men,
    for they act their dreams with open eyes to make it possible.....”

    TE Lawrence

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    • #3
      Originally posted by M-11 View Post
      I wonder if there is an elected official in America with a Community College level knowledge of economics.

      M-11
      I think many politicians understand the problem, but few voters do. They just want theirs (and more) and they want it now.

      Politicians make long-term promises to boost their short-term electability. Someone else has to pay for those promises later.
      Facts do not cease to exist because they are ignored. -- Aldous Huxley
      Two things are infinite: the universe and human stupidity. -- Albert Einstein

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      • #4
        Originally posted by zr5667 View Post
        http://www.weeklystandard.com/blogs/...11_554659.html



        2011 marks the year where mandatory spending will cost more than total federal receipts.

        I'm something of a technocrat, I think Bill Gates should be given absolute power for a few years to straighten things out.
        well, if Reagan and Bush and Bush are to be trusted, the tax cuts they passed will result in lots of increases receipts..... any day now....

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