RECORD $482,000,000,000 DEFICIT FOR THE NEXT US PRESIDENT!!!

Record Us Deficit for the next president whether it is John McCain or Barack Obama

Category:

News & Politics

Tags:

• politics
• John
• McCain
• George
• Bush
• Barack
• Obama
• tax
• rises
• record
• deficit
• usa
• conservative
• socialist

[ufbret]

Measured against current law and against the promises of his fellow Democrats, Obama would rack up huge deficits. According to a recent analysis by the nonpartisan Tax Policy Center, Obama's tax plan would add $3.4 trillion to the national debt, including interest, by 2018.

[talkwallstreetdotorg]

really I didn't know that he's going to have to raise taxes like I said in the video if he doesn't want it to end up being worse that that predicted number but it is the USA the national debt will get paid off soon as long as the economy keeps growing at it's rate even if right now you've hit a stump

[ufbret]

I agree. You have a good grasp the free market and its ability to grow gdp which in turn grows tax revenues. Taxes (bigger government)simply interfere with the process. MOre taxes = less money reinvested into the market= less jobs= more taxes and larger deficits; its a harsh circle.

Thanks for recognizing that all these new services (socialized medicine) in Obama;s plan will cost new taxes. The vast majority of this country dont realize that they are paying for it, one way or another.

[talkwallstreetdotorg]

yh but then again he probably won't even be able to have most of the policies in his manifesto legislated as he is only a president and I can't see the congress, Democrats nor Republicans passing through significant tax rises and some of his other policies however I heard John McCain may raise taxes aswell?

[ondjima]

That figure must be an annual deficit, because the actual US national debt is:

$9,525,784,628,486.96. That is roughly $9.5 trillion. Obama has proposed at least $1.9 TRILLION PER YEAR in tax increases. This is just added up from his current proposals and doesnt account for stuff he hasn't told us about. with his plan, if you make over $150k per year you'd go home with 1/3 of your earned income. People will leave, taking the money with them if this happens.

[talkwallstreetdotorg]

If all of this is true I wouldn't like to be in the us right now lol u sure bout ppl leaving with a 1/3 of their income he couldn't get away with that unless he taxed them indirectly

[blummedia]

I wonder how you feel today about the figures released under Obama.

[MayorOfCydonia]

Ok, make all the Neocons do community service for the next 50 years to help pay off the debt

[GoreFisherFreedom08]

Google Jesus Christ Albert Arnold Gore Jr Jeff Fisher Jane Bowell

We are now also on Black Planet and the word is spreading about absolute truth and world peace. God loves Madonna always.

Signed,

Jeff Fisher

Madonna I am now in Philadelphia.

Albert wants you to come here to see me ASAP.

Love Park Dates July 20th through August 20th 2008.

Please tell all other entertainers please blessed be. Richard Branson will be there soon also with Albert Arnold Gore Jr.

[kads95]

john mccain keeping troops in iraq will add to the deficit because the wars enormous cost for america also bush administration created this deficit the deficit is only going to get larger and his rescue plan for imb mac didnt work very well at all we have to try sometjing else trial and error even