Tuesday, April 21, 2009

Tea Party Economics

From Forbes (emphasis added):
Some analysts have made the case that Americans are not overtaxed (at the federal level) and that therefore the protests were not justified. But this misses the point. Government spending is exploding, with the Congressional Budget Office projecting $9.3 trillion in deficits over the next 10 years. People know that this spending represents future taxes.
Well, some people know it. 

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