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Sunday, 6 January 2013

Fiscal cliff, a prophecy?

I hope not, where America goes the rest of the World gets dragged along.

As Angela Merkel of Germany told the Greeks, "How hard can it be? You spend less than you earn! Simple!

This year the US budget exceeds tax income by about 30%! 


Gorges Smythe said...

It really IS that simple!

Jo said...

That is scary!

Pumice said...

We were kind of figuring that when China got tired of pouring money into our lifestyle that you guys down there might want to lend a hand.

It is tough when saving money doesn't seem to do any good because of inflation and the things they can do with currency.

"My hope is built on nothing less
Than Jesus blood and righteousness."

Grace and peace.

JaneofVirginia said...

Spending less than you earn ??? What a concept !