Wednesday, January 7, 2009

Obama Predicts 'Trillion-Dollar Deficits for Years to Come'

President-elect Barack Obama predicted Tuesday that the nation could see ''trillion-dollar deficits for years to come,'' but said the country needs to continue spending taxpayer dollars to get the economy back on track.

[OR, he could cut taxes by the same amount and just leave the money with those who earned it, who not only have a far superior track record of investing it for positive returns, it wouldn't increase the deficit a penny*. Of course, government would lose control of how it was spent...]

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