Media ignores deficit
The U.S. propoganda machine is ignoring the future effects of the deficit.
http://www.madison.com/captimes/opinion/column/guest/51565.php
"The London-based Financial Times, in a front page lead story, recently
reported the Treasury Department projection that at the present rate, fixing
the deficit would require "the equivalent of an immediate and permanent 66
percent across-the-board income tax increase." The White House deep-sixed
the Treasury study. The Post ignored it. "
|