Tuesday, January 8, 2013

U.S. Titanic

Cox, a former chairman of the House Republican Policy Committee and the Securities and Exchange Commission, is president of Bingham Consulting LLC, and Archer, a former chairman of the House Ways & Means Committee, is a senior policy adviser at PricewaterhouseCoopers LLP.

On November 26, 2012 the Wall Street Journal published their opinion... Why $16 Trillion Only Hints at the True U.S. Debt: Hiding the government's liabilities from the public makes it seem that we can tax our way out of mounting deficits. We can't.

It explains quite well that the cartoon below is quite real.

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