How Bernanke Stunned Congress with the Truth [View article]
>>There are only 100 million taxable households. We are going to be hit big in 2010 when this combines with greater gov't spending and elimination of the Bush tax cuts.<<
1.1 Trillion divided amongst 110 million households means each household will be paying $11,000. That may seem like a lot, but there is a simple solution. All they have to do is put it on their credit card and pay the minimum amount.
And since the Iraq war will likely cost $3 trillion (because most of the equipment will need replacing), each family will need to get 3 more credit cards.
I don't know why Bush didn't think of this himself. :-)
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>>There are only 100 million taxable households. We are going to be hit big in 2010 when this combines with greater gov't spending and elimination of the Bush tax cuts.<<
Sep 20 00:49 am
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All Comments by Willhe »How Bernanke Stunned Congress with the Truth [View article]
1.1 Trillion divided amongst 110 million households means each household will be paying $11,000. That may seem like a lot, but there is a simple solution. All they have to do is put it on their credit card and pay the minimum amount.
And since the Iraq war will likely cost $3 trillion (because most of the equipment will need replacing), each family will need to get 3 more credit cards.
I don't know why Bush didn't think of this himself. :-)
Willhe