DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Obama to Set $17 Trillion Deficit by 2014

**HedgeYourBets** · 04-29-2009, 07:47 PM

After Obama, given current predictions, we will have 17T in debt and 320M people. That's over 53K in debt per person. Obama will have increased the debt by 40% per person, in just 5 short years! That's change I can believe in.

Exactly.

And, one of the major problems is that more than half of our citizens don;t pay taxes at all. That means that the other half will be stuck with double the debt, i.e., triple what the average person has saved for retirement.

Also, since Obama is scheming to provide healthcare for everyone, including illegal aliens, welfare recipients, the chronically unemployed, the chronically pregnant, the drug addicts, crack babies, crack mothers, deadbeat fathers, etc., this will mean that much more money will be needed to pay for all of this new healthcare bureaucracy.

At the same time, employers will be stuck with footing the bill for this insane scheme, which means higher unemployment as soon as employers get presented with the bill. This in turn means even lower productivity and less tax revenue.

The dream of Obama voters is coming true...

04-29-2009, 07:47 PM	#2
HedgeYourBets Join Date Aug 2008 Posts 4,655 Senior Member	After Obama, given current predictions, we will have 17T in debt and 320M people. That's over 53K in debt per person. Obama will have increased the debt by 40% per person, in just 5 short years! That's change I can believe in. Exactly. And, one of the major problems is that more than half of our citizens don;t pay taxes at all. That means that the other half will be stuck with double the debt, i.e., triple what the average person has saved for retirement. Also, since Obama is scheming to provide healthcare for everyone, including illegal aliens, welfare recipients, the chronically unemployed, the chronically pregnant, the drug addicts, crack babies, crack mothers, deadbeat fathers, etc., this will mean that much more money will be needed to pay for all of this new healthcare bureaucracy. At the same time, employers will be stuck with footing the bill for this insane scheme, which means higher unemployment as soon as employers get presented with the bill. This in turn means even lower productivity and less tax revenue. The dream of Obama voters is coming true...
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