How are we going to pay this year after year?
Original post made by Perspective, Midtown, on Feb 26, 2009
Ok, the above link is to an article written by the severe right wing paper ( for those who don't know, I am being facetious) the Telegraph, in Britain.
Bottom line: The new budget by President Obama proposes to spend this year alone 4 times the deficit spending of any Bush budget..for a total of $25,573.48 PER TAXPAYER IN THE USA.
And now, how is this good for America?
For those of you who really believe this is good, please explain how we are going to pay for this. Even if we simply TAKE all the money anyone makes in this nation above $500,000 per year this year, it wouldn't begin to cover this budget. And, of course, everyone who is capable of making that much money would be sure to not make that mistake again until we have a new President and Congress, so it would sink us into a TRUE depression very rapidly.
So, knowing that, exactly how do you who approve of this think we are going to pay for this? How do you think this can possibly be good for America, especially given that almost no private sector jobs are created...the jobs which create money to pay taxes from.