As Leviathain Grows

[wkmac]

The recession is driving the safety net of government benefits to a historic high, as one of every six dollars of Americans' income is now coming in the form of a federal or state check or voucher.

Benefits Soar to New Highs

How do we pay for this? Gov't has 3 options.

1) Borrow or print (create from thin air) the money

2) Raise taxes to pay for this

3) Cut gov't

Now that I think of it, gov't "uses" only 2 options so cancel #3!

 

[tieguy]

Benefits Soar to New Highs

How do we pay for this? Gov't has 3 options.

1) Borrow or print (create from thin air) the money

2) Raise taxes to pay for this

3) Cut gov't

Now that I think of it, gov't "uses" only 2 options so cancel #3!

Obama has a plan. Grow the economy and cut the deficit in halfby 2012. Of course the kind of growth he needs to cut this deficit in half would send inflation and interest rates soaring through the roof.