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    bush's third term..., 2011-07-28 15:07:03 | Main | apocalypse never..., 2011-07-29 16:54:21

    the lesser insanity:

    Over the course of this debt ceiling nonsense Obama has been asking congress for a budget plan that reduces federal spending by $3 trillion dollars and raises tax revenues by $1 trillion dollars. That's a -2.8% of GDP drain on the economy, which would put us right back into a recession. In terms of just simple fiscal policy we should all be fighting Obama and rooting for the lesser evil, Orange Boehner's -0.64% of GDP.


:: posted by buermann @ 2011-07-29 16:51:24 CST | link





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