Obama budget debt is 'a tax on children'

Discussion in 'News / Current Events' started by Revmitchell, Apr 6, 2009.

  1. Revmitchell

    Revmitchell
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    "All of this massive debt that's being piled up is effectively a tax on children. It will be passed along into the future -- or it results in the sale of the assets of the country overseas," he explains. "For instance, we owe China $1 trillion as it stands now.

    "Or the factor that will also be combined as a result of all this is inflationary pressure," he continues, "which is another form of regressive taxation that hurts the most poor and vulnerable among us."

    More Here
     
  2. LeBuick

    LeBuick
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    PPsstt... Rev... Do you know how the Republican's paid for all those tax cuts? You guessed it, they borrowed from China t make up the difference. Borrowing from China didn't begin with Obama...
     
  3. donnA

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    and it won't end with obama either, he is without a doubt making it worse.
    but then you don't care either, after all it is obama, the great god messiah
     
  4. Revmitchell

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    Pssst......LB the dems are running the show. Your point is invalid true or otherwise. Repubs did not create this budget and they are irrelevant to this thread But when you desperately want an argument but have absolutely none all you know to do is point to what is irrelevant.
     
    #4 Revmitchell, Apr 6, 2009
    Last edited by a moderator: Apr 6, 2009
  5. rbell

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    ...and many of us have been against this crazy spending since before Obama took office.
     

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