The Economy, The Debt, The Tea Parties and The Media

Discussion in 'Current Events' started by Annie, Sep 23, 2010.

  1. Annie
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    Annie Diamond Member

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    As the blog points out, most of us here aren't shocked, but that doesn't mitigate the problem:

    Hot Air Big media’s biggest failure?

    Lots of links and much more commentary, especially regarding the debt, the media's ability to hide it and the politicians increasing it. Needless to say, quite a bit on Tea Parties here.
     
  2. Care4all
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    Care4all Warrior Princess Supporting Member

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    well there is some good news, to a degree....we are spending less this year in 2010, than last year for fiscal 2009....i thought we were gonna have a $1.6 tril deficit but it's projected just over $1.3 tril....

    an interesting summary on our outlook and read, (pretty scary stuff too!) :http://www.cbo.gov/ftpdocs/117xx/doc11705/2010_08_19_SummaryforWeb.pdf

     
  3. Charles_Main
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    Charles_Main AR15 Owner

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    yes I was pleasantly surprised to see this years budget Deficit was down a small amount from last year.

    Still insanely to high, and that does not even count all the emergency discretionary spending we have done the last 2 years.

    That is where the REAL insanity lies.
     

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