Bloomberg News said “[During a May 9th speech] House Speaker John Boehner, [gave] Wall Street leaders his prescriptions for growing the U.S. economy and reducing the nation’s debt [in which he] built his case on several assertions that are contradicted by market indicators and government reports.” Read more here.
John Boehner’s Economic Argument Contradicted By Market Indicators, Government Reports
At this point, I believe both the left and the right are practicing “voodoo economics” (to quote Bush I) when it comes to the the United States’ economy and ever increasing debt. I’m sure that the close-to-correct numbers for either are somewhere in-between what the politicians have been spouting to us. Of course, that is if we can actually truly discover what the in-between number is which could be anywhere between fact and fantasyland.
All I know is that I’m tired of the talking, the whining, the complaining, the pontificating, the arguments, the fake outrage, the meetings, the commissions, the soundbites, the polls, and the town halls that Congress and our presidents have put us through year after year. Enough. We are not children who can’t handle bad news. We already know it’s bad, many of us are living proof. So stop wasting our time and do your damn job.