Thursday, February 4, 2010

How will $1.2 Trillion affect campaign promises?

$700 billion for the bailout + $500 billion for the deficit = A whole heap of trouble. How do you think this unprecedented inheritance of debt will impact the incoming administration's ability to live up to campaign promises? Is it just naive to think that taxes aren't going up regardless of who gets elected? Read my lips? What about all of Obama's 'change' programs? How's he going to pay for it?





Has either candidate addressed this issue, and until they do can we believe anything they say?How will $1.2 Trillion affect campaign promises?
I might be wrong, but isn't the national debt around $10 trillion? It has to affect campaign promises, I don't see how it cannot.How will $1.2 Trillion affect campaign promises?
I know McCain would never raise taxes it's not a sound move. You need money to move, people spend if taxes don't go up big business invest no increase in capital gains tax. Obama's economic policy never made sense and his promises are just that promises McCain is a man of his word in these times this is what America needs!
There is no question it will effect the implementation of programs some have suggested, however I am not willing to put the very person, McCain, who was against oversight, and made the SEC chairman unaccountable (Which he didn't even know), that was THE CAUSE of this total rape of the American Taxpayer!
There is no way someone can give a short answer to this question. The economist don't even know what is going to happen. I think you have to let this play out for a bit. It really sucks for whomever gets in to office to have to deal with all this mess...
Democrats are going from bad to worse..yeah *change*





and *change* is going from a 700 billion dollar bail out to 1.5 Trillion





because the Democrats us Money like toilet paper
The deficit is a hell alot more than 500b. The national debt is 11trillion.

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