2011 budget

[delhalew]

Holy fvck! CBO says 2011 budget raises debt to 90% of GDP:eek:
That is unheard of...how does any nation survive that?

[delhalew]

Anyone able to fact check that? I heard it on the radio.

[soonerscuba]

It's a bit trickier than that, that is the estimated debt ratio of 2020. Which is basically reading tea leaves, we could discover a clean source of renewable energy only found in the US and have zero debt, or WWIII could break out and we'll be at 150%. My advice is the same as everything else, there is only one person who has real conrol over your financial well being, you.

[OklahomaTuba]

It's a bit trickier than that, that is the estimated debt ratio of 2020. Which is basically reading tea leaves, we could discover a clean source of renewable energy only found in the US and have zero debt, or WWIII could break out and we'll be at 150%. My advice is the same as everything else, there is only one person who has real conrol over your financial well being, you.Translation: don't worry about that Obumbles and his left wing wackos are running the country into bankruptcy. So get used to having less money cause your taxes and health care insurance premiums are going to skyrocket to pay for this mess.

Oh, and don't worry about that job thing either.

That is unless we discover cold fusion or the warp drive or something.

Guess I'm gonna need a new chart...

http://www.seanet.com/~jimxc/Politics/Pictures/WP_Obama_deficits.gif