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Obama Is Going To Get His Butt Kicked...
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Keith nuttle
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First recorded activity by BoatBanter: Jan 2007
Posts: 388
Obama Is Going To Get His Butt Kicked...
wrote:
On Tue, 20 Jan 2009 13:01:55 -0500, BAR wrote:
...by the Democrats in Congress.
http://www.politico.com/news/stories/0109/17650.html
Democrats will be his harshest critics when he has to explain the
difference between the things they are "entitled to" and what the
government can actually afford to give them.
Not the least of Obama's problems is the Social Security surplus will
peak and go into decline in the next 4 years. Medicare is already
broke and the Chinese are saying they may not be buying as many of our
bonds. That is a harsh reality in a trillion dollar deficit economy.
If 20 or 30 years ago the democrats had not moved the social security
fund in the the general funds and spent it, social security would be
sound today. (Google history of the social security system before you
comment.)
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