Tuesday, February 2, 2010

Record Deficit

Obama budget: Record spending, record deficit (AP)

AP - Spelling out painful priorities, President Barack Obama urged Congress on Monday to quickly approve a huge new shot of spending for recession relief and job creation, part of a record $3.8 trillion budget that would boost the deficit beyond any in the nation's history while only slowly beginning to put Americans back to work.

Kliphnote:
Spending our way out of a rescission?
It didn't work for FDR what makes you think it will work now!
Even the AP seems to question it.
Let the market work.
We will be indebted to China for ever! OMG!!!
You can not trust China, get real!
We will be sorry, in the near future.
Mark my word.
You can't blame Bush for this. It's all Obama.


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