$52,300 for a family of 4 is what the government needs to collect.

[Rath]

HappySqurriel said:

Rath said:

And even if the economy does rally and recover people will believe it would have been so much better if Obama hadn't pushed this budget through.

 

 

Few countries survive with a debt to GDP ratio of 75%, and you expect that the US economy will rally after it passed 100% and is tracking towards 150% at a record pace?

Yes, because the economy needs to be stimulated given the current circumstances. I don't think a budget like this should happen again in the near future because the US is in enough debt.

Basically as far as I see it Obama is trying to avoid having an equivalent of Japans lost decade.