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06-06-2010, 11:11 PM #2
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Obama's America Underwater- Debt Poised to Overtake GDP
How easy it is for a person to forget that the major portion of this debt burden was incurred under the Bush administration. It takes money to make money as they say and that has a myriad of meanings. i.e. tax revenue makes money to pay down the debt but the corporate and private sectors need to create jobs to do that.
Originally Posted by Islandborn
Obama can't pull the jobs out of his ass unless he did New Deal Like programs which the right would piss and moan about. Like cleaning up highways and other public service type jobs that could be paid hiring the unemployed to stimulate (ha ha) the economy. :jointsmile:
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