@High Seas,
Quote:
The issue is risk of national bankruptcy. That risk is more elevated with a continuation of policies of Obama - and that record is of course public - than with any of the fiscal plans put forth by the 4 Republican candidates
That's funny HS.
The crfb lists the GOP plans as increasing the budget deficits at a greater rate than projections under the current budget do. Figure 3 in crfb's analysis of the GOP plans
Current law projects the debt to GDP ratio will be about 61% in 2021
http://crfb.org/sites/default/files/crfb_analysis_cbo_projections.pdf
Under the GOP - the intermediate debt scenaris are as follows:
Santorum it would grow to 104% of GDP
Gingrich - it would grow to 114% of GDP
Romney - it would grow to 86% of GDP
Paul - it would grow to 76% of GDP
Even when the crfb makes reasonable adjustments to current law to extend certain items it only raises the debt/GDP ratio in 2021 to 84%.
For you to state the GOP plans are better than the current one is laughable. I don't understand how you made it with a straight face.