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More Good News !

carpro

carpro

Well-Known Member
Site Supporter
http://www.bloomberg.com/apps/news?pid=20601087&sid=aNaqecavD9ek

Obama Raises 2010 Deficit Estimate to $1.5 Trillion
By Roger Runningen and Brian Faler

Aug. 25 (Bloomberg) -- U.S. unemployment will surge to 10 percent this year and the budget deficit will be $1.5 trillion next year, both higher than previous Obama administration forecasts because of a recession that was deeper and longer than expected, White House budget chief Peter Orszag said.
Click to expand...


Due , in large part, to a "stimulus" plan that was not intended to stimulate anything but government spending.
 
D

donnA

Active Member
YEAH! Breat news! more unemployment and deeper debt, thanks obama.
it is obviously not getting any better.
 
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