Monday, August 1, 2011

Debt deal.......

Folks,

It's not difficult to figure out whether the current version (being called "3.0" by Reid and gang) is going to actually help this country...

Well, I SHOULD point out that it's not difficult...IF you received private school math education....

The two important issues of the deal, debt ceiling limit and spending cuts, are as follows:

- Debt ceiling limit: Will be raised by $2.4 TRILLION dollars.

- Spending cuts: Government will make cuts of $2.1 TRILLION.

The problem with this deal?

Simple:

- Debt ceiling limit: That $2.4 TRILLION increase IS UNTIL THE NEXT ELECTION. In other words: the debt ceiling is raised by that amount IN THE NEXT YEAR!

- Spending cuts: The $2.1 TRILLION is to be spread out over the next TEN YEARS!

So......while Government spending will INCREASE (and make NO mistake....it WILL increase by that amount) in a SINGLE YEAR, the cuts, over the same period, will ONLY BE $210 BILLION.

Analogy:

Let's say you're making $100k per year. If YOU accept this "decifit cutting" plan at home, you'll agree to cut $100 of spending in a single year, while also creating $1000 of new spending.

As you can VERY plainly see, this will NOT reduce your indebtedness. In fact, you've accomplished NOTHING, other than increase your rate of spending and bring your FASTER toward bankruptcy.

The answer to this debt deal is: VOTE NO!

Write letters TODAY to your Congressmen and Senators, and DEMAND that they vote NO!

Hirota: out.

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