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07-01-2010, 12:24 AM #1
Senior Member
Debt as % of GDP Hits Post WW2 High
That and stop subsidizing corporations and start underwriting middle America. Close every loophole for corporations moving jobs offshore and write in some triggers to penalize those that do anyway. That right there is a crime on so many levels.
bigsby Reviewed by bigsby on . Debt as % of GDP Hits Post WW2 High From The Congressional Budget Office CBO says debt will reach 62 percent of GDP by year's end - The Hill's Blog Briefing Room This falls SQUARELY on the shoulders of the Democrats and their four year SPENDING SPREE. Thanks to falling revenues from an economy showing NO signs of significant growth and runaway federal expansion, US debt compared to GDP will rise to a high not seen since the US vanquished Japan & Nazi Germany 65 years ago. Thats an added growth in spending of about a Rating: 5
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