Sunday, August 28, 2011

Politics Affects Homelessness

US Federal debt increases by U.S Presidents:
Reagan 186%
Bush I 54%
Clinton 41%
Bush II 72%
Obama 23%
Source: Congressional Budget Office

Republican debt increases ARE unsustainable. Better get about cutting the entitlements for which they are responsible -- e.g. phony credits for oil drilling, phony credits for corn ethanol, phony price increases for medicare prescriptions (i.e. requiring medicare to pay "market" prices for prescription drugs), reduced holding times for capital gains treatment on stocks & bonds, ad nauseum ~ Roy Conant