“Oh what a tangled web we weave,
When first we practice to deceive”
Sir Walter Scott (1771-1832)
Does anyone know what happened to the user blogs at Townhall? That portion of the site seems to have disappeared. I got an email that this essay would be there, but had to use google to find it somewhere else.
He didn’t know the amount of the national debt.
Details, details...
“Oh what a tangled web we weave,
When first we practice to deceive”
Sir Walter Scott (1771-1832)
BIG BIRD YOU MAGNIFICENT BASTARD !
The exclamatory disguised as an interrogative.
That $5 Trillion taxcut as a result of 20% reduction in MARGINAL TAX RATES is over 10 years, not one year.
Secondly the loss of revenue is offset by limits on loopholes and deductions. If economy stays exactly at the same level, there could be a net loss of $1 Trillion in tax revenue. However economy NEVER STAYS at exactly same level for 10 years. Actually economy could very well expand due to the taxcut which would result in much more tax revenue than $5 Trillion taxcut over 10 years.
He is dysfunctional with numbers, with obvious number-phobia. This goes all the way back to the 57 states. His brain absolutely freezes when it comes to numbers and you can hear the hesitancy in his speech when he is talking numbers.
Psssst He’s a dummy! Opps I said it!
Yes and I am almost positive that what he’s taking is a lot stronger than alcohol
I can’t believe that they haven’t reported heavily on this, Obama is an idiot.
Obambam is too smart for mere math.
After Obama’s spending binge, 5 trillion dollars of accumulated national debt in less than 4 years and three rounds of “quantitative easing” (i.e. printing money out of thin air), the resulting Obama driven hyper inflation in his second term could very well result in those kind of numbers.
Of course, at the same time, a loaf of bread will cost about $100,000.
Obama neglects to mention that pesky little detail.
Guess he is waiting until after the election to share that part of the story with us
Actually whoever wins is gonna have to pay down that much!
Obama says things like that for a simple reason: he knows millions of Obamatons will swallow it whole. The great majority of Obamatons are clueless idiots who never read anything in the first place unless it’s a scandal sheet or a sports article. Obama’s not mentally ill (unless you consider every leftist mentally ill), he’s more just a shameless liar.