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theking · 05-29-2003, 10:52 PM

Quote:

Originally posted by Webby

Don't talk shit.. what world are you living in?

You clearly ain't aware what is happening - there is a "war" going on that don't involve any of that US military scrap metal.

As for the US going "bust"? Hell, even your own treasury spent a long enough time compiling the most comprehensive report yet on the US economy.

This boiled down to a chronic federal deficit budget totalling $44 billion in current US dollars.

For simplcity... that converts to:

(a) roughly 10 times the publically held national debt

(b) four years of US economic output

(c) 94% of all US household assets

The suggested remedy? An immediate and permanent 66% increase on income tax across the board.

Currently only 13 States have a fiscally sustainable policy at this time.

What happened to this report? It was issued by the Treasury on the understanding it would be included in the "things" budget. However, it was place at the bottom of the "things" out tray in the hope of gathering dust. Anyways.. he could not understand it anyway!

And... you seem to be claiming this is something that will not happen in my lifetime???? Not unless I drop down dead right now!

44 billion dollars?