deficit

I just don' tget it.  He says one thing, and yet his actions say something completly different.  And yet the public believes him, even cheers for him.  Now Obama is talking about deficit reduction and the need to be careful about long term spending.  But his policies and his actions are the complete opposite.  What scares me is that people are gonna believe his words buRead more

Looks like congress is gonna give the president permission to spend more money. One sentence in this article really caught by eye:

"....when your cash burn rate averages more than $100 billion a month.”

I wonder why Obama didn't do a "stress test" on the US goverment when he did it on all the banks????? 

The federal budget deficit tripled to a record $1.4 trillion for the 2009 fiscal year that ended last week, congressional analysts said Wednesday.

The worse part of the article is the lie that this administration "inherited" the deficit from the Bush administration.  What?!  Are you serious?  I don't think so.

And the numbers keep getting bigger...