I am going to state the obvious, but this is directed to both Republicans and Democrats (with a very special shout out to The Obama). I am going to type it slow so you can understand.
Businesses, people, governments do not get their credit downgraded because they did not borrow enough. People do not get a higher credit score because they convinced Visa to up their credit limit on a maxed-out credit card. Municipalities do not get a higher bond rating for issuing more bonds.
We do not need to raise taxes. We need to cut back the onerous spending the Democrats put in place over the past three years. The ObAma Administration has tripled federal Spending. The Stimulus-that-did-not-stimulate cost more than all of Bush's wars. ObamaCare is going to crush us.
We do not need to raise taxes. The top 10% of earners pay more than 80% of the taxes. We have the highest corporate tax rates among the G8.
BTW, It was Nancy Pelosi and Harry Reid and the Democrats who put in the tax shelter for corporate jets.
The American people have spoken. The credit rating agencies have spoken. CUT SPENDING NOW.
4 comments:
Check the video I just posted.
BTW you caught me by surprise. Two posts.
I posted on FB the graph you posted a few days ago. A very liberal "friend" wanted to know the source. I pointed out that it was right on the chart.
Another less liberal friend pointed out the dive after Clinton. I pointed out the rise under the later years of Bush (post 9/11) and the deep drop 3 years ago.
They shut up.
Thanks for the tool.
The only reason to have extreme liberal friends would be have someone you argue with and always win.
James Old Guy
Ed
Great Video
James Old Guy
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