[image: Mortgage Rates] Note: Mortgage rates are from MortgageNewsDaily.com
and are for top tier scenarios.
Friday:
• At 8:30 AM ET, *Retail sales* for Oct...
Sunday, February 8, 2009
Simple math conservatives aren't doing.
It really aint difficult. Spending creates deficits. But tax cuts without accompanying spending cuts, along with increased government spending, say it with me now, also creates deficits. With unemployment soaring towards the heavens for the next year at least we'll see more spending on entitlements so any tax cut is going to have to be financed by uncle China just like it has been for the last 8 years. So the great GOP alternative leads to the same place but clearly favors high end earners. And if that seems like class warfare its because it is.
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