Showing posts with label fiscal cliff. Show all posts
Showing posts with label fiscal cliff. Show all posts
Saturday, December 29, 2012
TIME-SENSITIVE: SEND THIS MESSAGE TO McCONNELL & BOEHNER!
Read Prof. Jacobson's post...and then please
read the "Broadcast Alert" (top right) where you can click "Tweet Now" to send this VERY
IMPORTANT MESSAGE to McConnell & Boehner:
http://legalinsurrection.com/2012/12/mcconnellpress-and-speakerboehner-stop/
http://legalinsurrection.com/2012/12/mcconnellpress-and-speakerboehner-stop/
Tuesday, December 04, 2012
Republicans are attempting to divert the nation — not from the “fiscal cliff” but from something much worse...
If government debt is not controlled by spending cuts (tax increases on the rich make scarcely a dent), the U.S. is headed for drastic economic decline. Interest rates will rise to attract wary international investors. Rising interest rates will in turn increase our debt service burden, while a diminished private sector will provide less and less tax revenue. The combination of spiraling debt service and entitlement spending will quickly leave no funds for any other purpose.Think: Mad Max
Labels:
debt,
fiscal cliff,
fiscal crisis,
interest rates,
Republicans,
rich,
taxes,
U.S. economy
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