Notice how much the commentators, commedians, clergy, teachers, analysts, bankers, professionals , bureaucrats: Intend human failure wordwide. None of these educated people seem to be aware of the U. S. Federal Reserve Board, Total Credit Market series. This below is just from March, 2011.
What is a $14.0 tril. federal deficit all about anyway? Mostly, the Obama Adminstration is better accused of having stabilized the Total Credit Market at about $52.0 tril. It did that at a paltry cost of $3.0 tril.
In vivid terms, the economy was going more in the direction of the Titantic-Maiden-Voyage mode when the Democrats took over, and now the increase of borrowing and spending is on the rise again.
2006 Total Credit Market Debt--$45.352 tril.
2007 Total Credit Market Debt--$50.042 tril.
2008 Total Credit Market Debt--$52.433 tril.
2009 Total Credit Market Debt--$52.728 tril.
Q1 2009 Total Credit Market Debt--$52.489 tril
Q2 2009 Total Credit Market Debt--$52.311 tril.
Q3 2009 Total Credit Market Debt--$52.261 tril.
Q4 2010 Total Credit Market Debt--$51.923 tril.
Q1 2010 Total Credit Market Debt--$51,937 tril.
Q2 2010 Total Credit Market Debt--$52.265 tril
Q3 2010 Total Credit Market Debt--$52.636 tril
Most of the Republican leadership was in office during the mercurial rise of both the total credit market debt, and the federal deficit spending. Even now, the funding for operations in Libya is not GOP opposed, and is more than $0.5 tril.
If you live in a market economy, badly designed and run: Then borrowing and spending happen.
If you are opposed to that?
"Crow, James Crow: Shaken, Not Stirred!"
(Bring Back HUAC! Bring Back HUAC! There is never a Wisconsin Senate Fanatic Around when you really need one: Likely even able to count the number of colored people at work (in Secretary Clinton's State Department)! The Red Is Everywhere!)
What is a $14.0 tril. federal deficit all about anyway? Mostly, the Obama Adminstration is better accused of having stabilized the Total Credit Market at about $52.0 tril. It did that at a paltry cost of $3.0 tril.
In vivid terms, the economy was going more in the direction of the Titantic-Maiden-Voyage mode when the Democrats took over, and now the increase of borrowing and spending is on the rise again.
2006 Total Credit Market Debt--$45.352 tril.
2007 Total Credit Market Debt--$50.042 tril.
2008 Total Credit Market Debt--$52.433 tril.
2009 Total Credit Market Debt--$52.728 tril.
Q1 2009 Total Credit Market Debt--$52.489 tril
Q2 2009 Total Credit Market Debt--$52.311 tril.
Q3 2009 Total Credit Market Debt--$52.261 tril.
Q4 2010 Total Credit Market Debt--$51.923 tril.
Q1 2010 Total Credit Market Debt--$51,937 tril.
Q2 2010 Total Credit Market Debt--$52.265 tril
Q3 2010 Total Credit Market Debt--$52.636 tril
Most of the Republican leadership was in office during the mercurial rise of both the total credit market debt, and the federal deficit spending. Even now, the funding for operations in Libya is not GOP opposed, and is more than $0.5 tril.
If you live in a market economy, badly designed and run: Then borrowing and spending happen.
If you are opposed to that?
"Crow, James Crow: Shaken, Not Stirred!"
(Bring Back HUAC! Bring Back HUAC! There is never a Wisconsin Senate Fanatic Around when you really need one: Likely even able to count the number of colored people at work (in Secretary Clinton's State Department)! The Red Is Everywhere!)