U.S. Budget Deficit on Track to be the largest in history.

U.S. Budget Deficit on Track to be the largest in history. Cut taxes, raise spending, cut taxes, raise spending, cut taxes, raise spending, cut taxes, raise spending. Whether folks believe it or not, we do have to pay that money back. The interest on that debt will need to be serviced. I don't understand how this fundamentally conservative value of fiscal responsibility is being ignored. I am frightened for the financial future of our nation when I think about this and the trade imbalance.
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Comments:

It is amazing how (!) one idiot can go from such a HUGE surplus to such an extravagant, unbelievabley high DEFICIT in such a short time. Why do they keep giving the government people huge raises and walk off leaving the guy who pays their salaries WAAAY behind. They make their cuts from the little guy but you notice the "WHEELS" in Washington are still getting GREASED. I Think it is past time we stood up and were counted.

Posted by Blogger urgood on 3:52 PM

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