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07-14-2009, 07:37 AM | #1 (permalink) |
Muck Fusic
Join Date: Dec 2003
Location: Virginia Beach
Posts: 1,575
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US Budget Deficit Reaches $1 trillion
USA! USA! USA! And that's only through June.
"A billion here, a billion there, pretty soon it adds up to real money." I love the fact the current administration seems to have the idea everything we're doing is with play money. BBC NEWS | Business | US budget deficit at $1 trillion
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07-14-2009, 07:42 AM | #2 (permalink) | |
killedmyraindog
Join Date: Aug 2004
Location: Boston, Massachusetts
Posts: 11,172
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Quote:
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07-14-2009, 08:32 AM | #4 (permalink) |
killedmyraindog
Join Date: Aug 2004
Location: Boston, Massachusetts
Posts: 11,172
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here we go again.
it didn't mean anything. i should learn to type.
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07-14-2009, 08:45 AM | #5 (permalink) |
Muck Fusic
Join Date: Dec 2003
Location: Virginia Beach
Posts: 1,575
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Yeah match that with me learning how to read and we should be fine.
Some interesting notes from the article, such as the idea of another economic stimulus package. Great idea since the first one did sooooo well.
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07-14-2009, 08:50 AM | #6 (permalink) |
killedmyraindog
Join Date: Aug 2004
Location: Boston, Massachusetts
Posts: 11,172
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The first one did work well.
I'm all for it. Maybe this time the D-bag repubs won't block money for the states...you know, they ones their from...who don't make any money.
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07-14-2009, 09:22 AM | #7 (permalink) |
Saaaad Panda
Join Date: Dec 2008
Posts: 852
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Assuming money is spent in the right places, this deficit will promote HUGE growth, open up jobs, and advance our society. Of course, that's a big assumption- we know there are large chunks that are spent on things like gold plated toilet paper so some mayor in small-town Georgia can wipe his ass like a Pharaoh.
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07-14-2009, 10:04 AM | #8 (permalink) | |
Muck Fusic
Join Date: Dec 2003
Location: Virginia Beach
Posts: 1,575
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Quote:
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07-14-2009, 11:19 AM | #9 (permalink) |
killedmyraindog
Join Date: Aug 2004
Location: Boston, Massachusetts
Posts: 11,172
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without the bailout we were looking at a full on depression.
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07-14-2009, 02:03 PM | #10 (permalink) |
Aural melody discerner
Join Date: Jan 2008
Location: in a truck down by the interstate
Posts: 347
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From what I understand we've only spent 10% of the 1st stimulus bill. It's because most of the $ is only going to go to pay the banks after all the defaulted loans.
Alternate energy, and universal health care. Those would be the biggest stimuli to the economy.
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