According to my calculations, the change that has occurred in the last month involves the US taxpayers taking on an additional $5,085,000,000,000 in debt, due to poor decisions made by a select few in order to extend the idea of the American Dream to many millions more Americans. However, I know that the American Dream did not involve massive foreclosures, duping of well-meaning families who don't understand the basis of a variable rate mortage and extending loans to people who don't have the means to repay them.
So now, according to these same highly technical calcuations, each US taxpayer is now an additional $49,977 in debt.
You know what. That sucks!
I am confused - is the GOP changing their very principles? Free market? Low government interference? Low debt? Balanced budget? Because, I know that not even "new math" can make it so that lower taxes can help erase the debt. Which either means higher taxes for all, or higher taxes for some.
Do you remember, 3 years ago, when all we saw on every tv station and newspaper was the continuing evidence of destruction in New Orleans? How come, when there appears to be quite severe destruction in Texas, we are not seeing pictures of it? I don't have a good explanation, except to note that during Katrina, the governor of LA was a democrat, and now, after Ike, the governor of Texas is a republican. Coincidence?
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