March Madness

1-Somehow March madness will have different meaning this year. Rather than round ball games of a few, all US Citizens will be affected one way or another for what is coming starting Friday March 1, 2013. 1) Sequester starts 03.01.13. 2) Continuous Resulation starts 03.27.13. 3) When time ran out on 12.31.12 Fiscal Cliff, pp postponed adressing...raising the basketball hoop a tad so to speak, raising the ceiling on the Nations debt now > $16.6 T. 2-Five top myths to our nations woes: 1) We can use income tax to reduce the debt. 2) We can not reduce the debt by reforming Social Security and Medicare. 3) Repealing the AHA Law will increase the Nation's debt. 4) We can resolve our debt by making gov't more efficient. 5) We can afford higher interest rates.