Two Companies Taking Advantage of the Growing Deficit
Andrew Snyder (August 25th, 2009) Writes:
Washington is spending this country towards its demise. These two companies will hep you put your hard-earned tax dollars back in your pockets.
What does the government have up its sleeves this time? While the president is on vacation (playing golf with shady business connections), the White House put out a report detailing how the economy is much worse off than it originally anticipated.
Of course, Wall Street shrugs it off, virtually saying, “Washington was wrong? What else is new?”
Most intriguing, or alarming, is the White House’s latest deficit predictions. Instead of the $7 trillion estimate predicted in May, our executive branch is now expecting a gap of $9 trillion.
It turns out the notion of higher taxes really does decrease revenues.
With a cost of $2 trillion, it was an expensive lesson to learn for the rookie administration, especially as it tries to prove the benefits of a trillion-dollar healthcare overhaul.
Good luck
...

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