Under the dual pressures
of time passing and Obama
spending, the long-run isn't so
long any more.
Many will explain away the current
Grecian formula budget deficits as the
obvious and temporary outcome
of recession.
Fine to a point,
but in between the supposed long-run
and the short-run is the medium run,
and in this medium run (say the period
from 2010 to 2012, America's
debt-to-GDP ratio is projected by the
Congressional Budget Office (CBO)
to reach a very French-like 90 percent
under Obama's policies.
And, of course these numbers
don't reflect the budget busting
Obamacare or all the other
emergency, important, or just plain
excessive spending Obama and friends
will be working on over the next
couple of years.
They seek to dismiss
those on the right and the
left who see trouble ahead.
But They cannot dismiss
the growing wariness in credit
markets toward all countries with
fiscally irresponsible governments.
What Greece faces today
fiscally is a window on our future if
we continue down the debt-laden road.
We're not Greece, yet.
But we will be if we don't find an exit.
Fortunately, there are many exits, and
they all involve a turn to the right
at a spending stop.
If the Grecian crisis does
befall the United States, and
all the journalists and pundits
are then screaming, "How did
this happen and who's to blame?"
A big finger of the blame will go to
the apologists for the "progressive",
read socialist vision
http://blog.heritage.org/2010/05/14/we%e2%80%99re-not-greece-yet/
Small Businesses v. the Global
Commie Unionist Corporate
Criminal Regimes :
The National Federation
of Independent Business, representing
the interests of small businesses across
America, today joined more 20 states
on the lawsuit challenging the
constitutionality of Obamacare.
The move is the latest blow
to President Obama's post-passage
public relations effort.
NFIB's involvement was prompted
by the individual and employer mandates,
new taxes and onerous paperwork
requirements.
An accompanying statement said
the Patient Protection and Affordable
Care Act would devastate small business,
threatening their viability.
The lawsuit's two main legal claims
involve the unconstitutionality
of the individual mandate
http://blog.heritage.org/2010/05/14/small-businesses-v-obamacare/
The Communist Hell Care Coups
http://blog.heritage.org/category/health-care/
The Commie Energy and Environment Coups
http://blog.heritage.org/category/energy-and-environment/
The Commie Coups Against
Domestic Free Enterprise
http://blog.heritage.org/category/enterprise-and-free-markets/
Opposing The Commie
Coup Against The U.S.A.
http://blog.heritage.org/
Exposing The Enemies
Of Domestic Free Enterprise
http://thefreeenterpriser.blogspot.com/
Expose Oppose Protest Resist Defy & Defeat :
The Anti Constitutional Anti Republic
Anti Capitalistic Unconstitutional Treasonous
Criminal Satanic Commie Hell Care Whores
& Satanic Globalist Commie Liberal Progressive
Stateist Corporate Unionist Ponzi Schemes,
Lies, Liars & Frauds
