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Wednesday, November 25th, 2009

CREATING DEBT FOR CHILDREN & GRANDCHILDREN 2: A No-No for majority of Americans

June 25, 2008 by ren  
Filed under Finance

In Miranda Marquit’s post http://www.yieldingwealth.com/will-barack-obama-be-good-for-your-personal-finances/, one comment said:

To shield the people of taxes during the socalled War in Iraq, Bush Administration technically loaned for it. It shielded the people of taxes. That’s what third world countries do how they cope up with loans from first world country.

This means, Bush economic policy, is still better.

GOP Economic Management Report CardThis policy creates debt for our children & grandchildren.

A New York Times / CBS News Poll of 1368 respondents (1,196 registered voters, 510 Democratic Primary Voters, 323 Republican Primary Voters) conducted from 28 March through 2 April 2008, on issues related to the US Economy, shows that majority of Americans disagree with this policy.

graphics by Ren Garcia

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