The Grim Numbers Say Vote For Romney
Posted: September 24, 2012
Where will President Obama’s policies take the economy if he is reelected? His budget plan envisions these outcomes:
■ Unemployment will exceed 8 percent for the next 27 months before declining to 7.3 percent in 2015.
■ Annual spending will increase $0.5 trillion, from $3.8 trillion in 2012 to $4.3 trillion in 2016
■ Debt will increase $4 trillion, from $16.3 trillion in 2012 to $20.3 trillion in 2016, an increase of almost 25 percent in four years.
■ Interest payments will more than double, from $225 billion in 2012 to $483 billion in 2016, due to the Treasury’s issuing more debt and rising interest rates.
We can and must do better or we will mortgage our next generation’s future. Support Mitt Romney and Paul Ryan. They understand this economic imperative.
■ Unemployment will exceed 8 percent for the next 27 months before declining to 7.3 percent in 2015.
■ Annual spending will increase $0.5 trillion, from $3.8 trillion in 2012 to $4.3 trillion in 2016
■ Debt will increase $4 trillion, from $16.3 trillion in 2012 to $20.3 trillion in 2016, an increase of almost 25 percent in four years.
■ Interest payments will more than double, from $225 billion in 2012 to $483 billion in 2016, due to the Treasury’s issuing more debt and rising interest rates.
We can and must do better or we will mortgage our next generation’s future. Support Mitt Romney and Paul Ryan. They understand this economic imperative.
George Pace
Harrisonburg
Harrisonburg