Posted by Caselli/Van Wagner on May 12, 2009, 8:44 pm, in reply to "Re: Not the change Kenosha was hoping for"
66.215.57.194
They thought Bush spent a lot of money . Read the attached article where they have to borrow 50 cents of every dollar they spend and then on top of that they have ridiculous assumptions like the GNP will only drop 1.2% in 2009 and then increase 3.2% in 2010.
Subject: White House: Deficit to top $1.8 trillion
Borrow from whom? Oh yeah I just remembered, people’s grandchildren. OK all you kids, time to take out your piggy banks.
The government will have to borrow nearly 50 cents for every dollar it spends this year,
exploding the record federal deficit past $1.8 trillion under new White House estimates.
View article...
MSNBC White House Estimates
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