Defusing the Debt Bomb

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TD's picture
TD
Status: Bronze Member (Offline)
Joined: Jun 7 2009
Posts: 51
Defusing the Debt Bomb

A recent commentary in Newsweek...

http://www.newsweek.com/id/234277

All we have to do is create a new tax, and adjust a few benefits, and eliminate a few deductions.... there... all fixed.  Wow, that was easy. The end of the world as we know it? Nope, we are just in need of a few adjustments

If only it were so simple.

SagerXX's picture
SagerXX
Status: Diamond Member (Offline)
Joined: Feb 11 2009
Posts: 2219
Re: Defusing the Debt Bomb

Crystal-clear example of non-comprehension of the exponential effect.

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Davos
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Joined: Sep 17 2008
Posts: 3620

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