of course the current administration knows the simple understands not spending more than is taken in......that is the very reason Obama and this congress has not even attempted to put a BUDGET in place. As was stated by a congressman during the mid term election campaign when asked about the budget....I am paraphrasing here.....there will not be any activity on the budget between now and the election as there are too many embarassing questions to be answered in the process!!!!!
I have always wondered what the wizards in Washington would do if all those employed cranked up their with holding allowance so as to pay little or no taxes for one year....the theory? No money coming in........it is of course not realistic to even contemplate such a happening, but would that get their attention or not.
We can only hope that flushing the incumbents out of office, including Obama....that are mostly legally trained.....replacing them with non lawyer backgrounds and more with Romney type backgrounds.
We can only hope that happens in November. We KNOW Romney understands a simple income statement and we can expect to encourage him to use his Bain style of fixing a broken company to fix the USA income statement starting with a balanced budget.....NO MATTER WHAT IT TAKES TO GET IT!!
btk
|