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The Euro death watch
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<blockquote data-quote="bbsam" data-source="post: 977894" data-attributes="member: 22662"><p>We actually agree, brett, and perhaps that is something you just cannot grasp. Whatever our financial obligations are, whether you agree with them or not, we still owe them. We still have wars to pay for. We still have the stimulus to pay for. The basic math is that the Bush/Obama tax cuts are going to have to expire because the "basic math of having more money going out than coming in eventually comes back to terrorize those who ignore it." We can change our future obligations, but that does litttle to fix what is broken now. Paul Ryan may have it partly right, and Simpson/Bowles probably has it absolutely correct. Unfortunately, none of it probably matters if the European economy fails completely.</p></blockquote><p></p>
[QUOTE="bbsam, post: 977894, member: 22662"] We actually agree, brett, and perhaps that is something you just cannot grasp. Whatever our financial obligations are, whether you agree with them or not, we still owe them. We still have wars to pay for. We still have the stimulus to pay for. The basic math is that the Bush/Obama tax cuts are going to have to expire because the "basic math of having more money going out than coming in eventually comes back to terrorize those who ignore it." We can change our future obligations, but that does litttle to fix what is broken now. Paul Ryan may have it partly right, and Simpson/Bowles probably has it absolutely correct. Unfortunately, none of it probably matters if the European economy fails completely. [/QUOTE]
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