Wednesday, April 27, 2011
How Washington F@$!# the Budget
CNN reviews the biggest f@#!$ up's that gave us our budget nightmare. The only one that I disagree with is the TARP program, the ultimate cost of the program was $19 billion (pennies compared to the Bush tax cut) but saved the economy from a potential depression. Money will spent. Republican or Democrat, everyone has to be discouraged with the policies passed during the Bush administration. Even today (evidence by extending the Bush tax cuts) both parties have not gotten the message. Both budgets (Ryan's and Obama's) are half hearted attempts of fixing the deficits. Here is an example why we need tax reform.