Thanks to Obama, US deficit now tops $1 trillion

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  • mathdotcom
    SBR Posting Legend
    • 03-24-08
    • 11689

    #1
    Thanks to Obama, US deficit now tops $1 trillion
    Only $100 billion of stimulus money has actually gotten out the door. Most of it will come years down the road when there will probably not be any need for it.

    Keynesians always ignore the slowness of government, let alone the fact that the money will mostly be blown on failing firms that are failing for a reason: noone wants their product. Money down the drain.
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