You say they have just raised the debt. Okay. Maybe so. But somebody has to pay that debt off. And a large chunk of that debt is going to be paid off by those very same rich people or their rich children, especially if the Bush tax cuts expire.The debt is going to be paid off...if the Bush tax cuts expire...
News flash!
The $9.3 trillion dollars in debt will soon vanish in a puff of smoke when the Bush Tax cuts expire as required. ---Bullshit---
No, the Democrats didn't end the tax cuts. The original legislation had a sunset clause that mandated the tax cuts as temporary and set an expiration date. Tough luck for the wealthy. But, good news for the working class.
No, the massive hole in the federal budget can not be healed by letting the sunset clause kick in as per law.
Nor, could a 25 percent across the board increase in all personal taxes pay off the federal debt at the current interest rates within 30 years.
No way.
If ending the Bush tax cuts would pay off the debt anytime, that would be the best argument for the sunshine clause.
Let the law work the way it was written.
Now, for the idea that my children should pay off my debts...
Maybe that is the way Republicans treat family, but that's not the way I treat my family.
Those are not Democratic family values. Democrats have far better family values than the Republicans, based on that asinine idea.
But, it is exactly what will happen.
The money Bush borrowed from China, France, and the European Union will be paid off by children, children not yet born.
Will it be the children of the uberwealthy whose fathers got an obscene increase in take home pay in exchange for that debt?
Think again.
Conservative ideology is dead. Too bad it killed our nation before it died.

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