More disturbing analysis of America's financial meltdown...
From today's New York Times:
"In 2004, the typical family will pay about $700 less in taxes than it would have without the Bush tax cuts - but meanwhile, the government will run up about $1,500 in debt on that family's behalf.
"George W. Bush is like a man who tells you that he's bought you a fancy new TV set for Christmas, but neglects to tell you that he charged it to your credit card, and that while he was at it he also used the card to buy some stuff for himself. Eventually, the bill will come due - and it will be your problem, not his."
Read the whole piece here.
"In 2004, the typical family will pay about $700 less in taxes than it would have without the Bush tax cuts - but meanwhile, the government will run up about $1,500 in debt on that family's behalf.
"George W. Bush is like a man who tells you that he's bought you a fancy new TV set for Christmas, but neglects to tell you that he charged it to your credit card, and that while he was at it he also used the card to buy some stuff for himself. Eventually, the bill will come due - and it will be your problem, not his."
Read the whole piece here.
posted by Bob at
10:59 AM
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