Comments about ‘Tax revenues keep nosediving’
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There are 3 options to dealing with reduced tax revenues: 1) reduce spending (what a concept!), 2) increase taxes (the obvious Obama approach) or 3) increase the money supply to devalue the debt (the method of choice since the inception of the Federal Reserve in 1914). Obviously, the Obama administration is going with options 2 & 3. Of course, the correct choice is option 1, but you know when that's going to happen. Hint: when a certain non-terrestrial location freezes over.
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