Saturday, November 12, 2011

REPUBLICANS AND THE DEBT CEILING... ARE THEY HELPING OR NOT?

If you think about it logically if one borrows at a greater rate than their income increases eventually it will not be sustainable. If we ever want to turn this thing around the time is now. Spending cuts have to be the engine that makes this happen because if one tries to solve the problem with only tax increases the money is still coming out of the economy. We need to make cuts in items that are sending money out of the U.S., that is even more important than cutting social programs because that money is still going to our people at least and is still in our economy. Foreign aid and military spending in foreign lands along with nation building is what needs to be curtailed.

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