http://jeffreymiron.com/2010/03/is-the-u-s-credit-rating-at-risk/ Libertarianism A to Z Sun, 06 May 2012 22:53:22 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://jeffreymiron.com/2010/03/is-the-u-s-credit-rating-at-risk/comment-page-1/#comment-62 Barry Staton Tue, 16 Mar 2010 01:15:04 +0000 http://jeffreymiron.com/?p=539#comment-62 Given the fact that if Obamacare passes the U.S. will have to experience large tax increases just to keep our debt obligations on the same curve I think it will be group prayer. Even under Reagan spending increased, and after this election cycle there will definitely be no appetite for tax increases..but just praying for the problem to go away isn't going to make it so, and both our currency's place in the world and our ability to fund additional governmental largesse is held within the balance. If I truly was a wise-guy I'd say that there is very little difference here between kneeling down and bending over. But I'm not so let me take that back... Given the fact that if Obamacare passes the U.S. will have to experience large tax increases just to keep our debt obligations on the same curve I think it will be group prayer. Even under Reagan spending increased, and after this election cycle there will definitely be no appetite for tax increases..but just praying for the problem to go away isn’t going to make it so, and both our currency’s place in the world and our ability to fund additional governmental largesse is held within the balance.
If I truly was a wise-guy I’d say that there is very little difference here between kneeling down and bending over. But I’m not so let me take that back…

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