Here for your enlightenment, to paraphrase the global genius Al Gore, is a REAL “Inconvenient Truth:”
Note that the link is a true non-partisan presentation. They are proposing tax and other reforms that may or may not have some merit, but the budget / deficit information is the main point.
And the band plays on!!
Happy (If You Can Afford It) RRing,
Jerry
Preaching to the choir, in my case, Jerry.
I’ve brought this up on the forum before the sh*t hit the financial fan.
Trade deficits and budget deficits. Both BAD.
Ralph
Oz has been running a surplus rather than a deficit, but that’s likely to change.
Running a deficit temporarily may be the only way to ameliorate some of the adverse effects of the financial crisis. No one likes it, but we can live with it as a temporary expedient.
Thanks Dubya
Is it possible that when they first met all those years ago, the Russian President Putin had the real Dubya kidnapped and replaced with a robot programmed to destroy the American economy???
Victor Smith said:
Thanks DubyaIs it possible that when they first met all those years ago, the Russian President Putin had the real Dubya kidnapped and replaced with a robot programmed to destroy the American economy???