July 26, 2014

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It’s Bush’s Fault, No Wait, It’s Obama’s Fault

It’s Bush’s fault! No, wait, it’s Obama’s fault!

Tax Hike In Perspective

 

Will we someday learn it’s government spending and Federal Reserve policy that are the main problems for our economy?

A nation cannot spend itself into prosperity just like you personally can’t keep increasing your debt without eventual consequences. And the Federal Reserve can’t keep implementing QE into perpetuity or bailing out favored banks and financial institutions at taxpayer expense.

Raising taxes on the top 2%, as the graphic abcve shows, isn’t going to make a dent in our nations $16 trillion+ debt, let alone reduce deficits.

Just wait till interest rates begin to rise again. Then get back to me on how great one party is over the other.