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/


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