Fear mongering at its finest!
So I was watching the various news channels this weekend and the up-roar Presidential Candidate Congresswoman Michele Bachmann made when she said she would not vote for any increase in the United States debt limit.
Time-out: Math 101
Revenues = X
Expenditures = Y
Borrowing = Y-X
Theorem.
If X=Y then Y-X=0
Applying this incredibly complex and difficult math to America's budget and borrowing woes, how does one apply this incredible mathematical break through!
CONGRESS, CUT SPENDING TO ACTUAL REVENUES!
No new borrowing, therefore no need to increase the debt limit!
Time-out: Math 101
Revenues = X
Expenditures = Y
Borrowing = Y-X
Theorem.
If X=Y then Y-X=0
Applying this incredibly complex and difficult math to America's budget and borrowing woes, how does one apply this incredible mathematical break through!
CONGRESS, CUT SPENDING TO ACTUAL REVENUES!
No new borrowing, therefore no need to increase the debt limit!
Posted by Bradley Fluetsch at 7/11/2011 4:12 PM 
Categories: Economics
Tags: Foxnews Bill OReilly Factor fear mongerer liberal Juan Bachmann President 2012
Categories: Economics
Tags: Foxnews Bill OReilly Factor fear mongerer liberal Juan Bachmann President 2012
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