Posted on 08/01/2011 8:21:25 AM PDT by WriteStuff
To say that America is on an unsustainable fiscal path is to overstate the obvious.
If the writers at The Big Picture blog are right, then America’s fiscal house will soon collapse as the percentage of income for the federal treasury coming from corporations has shrunk precipitously from 1955 to 2010, while the burden carried by individuals has increased greatly.
(Excerpt) Read more at conservativepoliticalblog.wordpress.com ...
Bubble about to break. Housing a mess and the crash is about to happen again. Bank bailouts with a Q3 bailout and you can be sure King Obama will do that. Employment is in the toilet, at least 16 percent nationwide average. And illegal votes and those living on the Government and King will be reelected. Have fun America! By the way, thanks goes to Bonehead for nothing.
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