Thursday, January 03, 2013

Our unsustainable path under Pres BO!



Pres BO got his "taxes on the rich".  Frankly, that was easy.  It took zero courage to push such a strategy at the last minute.

Unfortunately, we do not have a "tax the rich" problem.  We have a huge spending problem coupled with a lack of presidential leadership.
Professor Samuelson got it right again:  

"The "fiscal cliff" is a massive failure of presidential leadership."

Indeed it is.

Pres BO refuses to tackle the entitlement tsunami headed our way.  

Social Security & Medicare are unsustainable.  These programs accounted for 44% non-interest federal spending. 

Translation: UNSUSTAINABLE.  

Please check here for Tuesday's show:  

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