Tuesday, June 30, 2009

New Taxes

An average federal defict of over $940 billion? A federal debt worth 83% of GDP? Seriously? I think my generation is being screwed.

Intersting take on the future finances of the US. I think I agree. It is not a matter of if taxes need to be raised, but how. Or is this just me buying into Lamm's doomsday scenario's on the future and argument that generation Y should hold the baby boomer generation accountable for the future mess we will be in?

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