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**LoP Guest** lop guest User ID: 101136 06-08-2012 07:29 AM

dude, we keep trying to run our computer models with the Obama budget and we keep getting blue-screens

The smartest man in Congress, Paul Ryan (R-WI), believes that America has only two or three years to slash federal spending and reduce the deficit before it's too late. And by too late, I mean let's imagine Mad Max in Road Warrior, only without the fancy amenities.

And it would appear that the non-partisan Congressional Budget Office (CBO) agrees.

A stunner from the Congressional Budget Office in its new long-term budget forecast [Ed: PDF]. When the government budget scorekeepers took into account the worst-case scenario impact of debt on the U.S. economy, its economic forecasting model, well, broke:

Under the assumptions leading to the most negative effect on GNP, debt would reach 250 percent of GDP by 2035.

http://directorblue.blogspot.com/2012/06...o-run.html

**LoP Guest** lop guest User ID: 100789 06-08-2012 07:34 AM

It's already to late. I give it 3months at the most.