see this almost worked, hold off and understate the size of the deficit so you can push through your healthcare robbery and cement your power for generations
it looks like China, France and Germany are actually recovering economicly
but were not even close, even if the media has been telling you its getting much better
when people try to hide things from you, they release it on friday evening so you might not notice
http://www.reuters.com/article/newsOne/idUSTRE57K4XE20090821
Obama to raise 10-year deficit to $9 trillion
Fri Aug 21, 2009 6:50pm EDT
they underestimated the deficit by 28%
The Obama administration will raise its 10-year budget deficit projection to approximately $9 trillion from $7.108 trillion in a report next week, a senior administration official told Reuters on Friday.
the budget deficit is 1.57 trillion next year
pssss BUSH HAS NOTHING TO DO WITH NEXT YEARS BUDGET just in case you didnt remember hes been out of office since january
and also, for the democrats who read this…..your democratic congressman and congresswoman have written every budget since 2006…just a reminder
heres another assessment of whats really going on
http://finance.yahoo.com/news/White-House-projects-bigger-apf-2714959279.html?x=0&.v=2
The federal government faces exploding deficits and mounting debt over the next decade, White House officials predicted Tuesday in a fiscal assessment far bleaker than what the Obama administration had estimated just a few months ago.
Figures released by the White House budget office foresee a cumulative $9 trillion deficit from 2010-2019, $2 trillion more than the administration estimated in May. Moreover, the figures show the public debt doubling by 2019 and reaching three-quarters the size of the entire national economy.
Obama economic adviser Christina Romer predicted unemployment could reach 10 percent this year and begin a slow decline next year. Still, she said, the average unemployment will be 9.3 in 2009 and 9.8 percent in 2010.
Obama’s policies are killing our economy…..the stimulus was a huge payback for years of democrat support….it didnt create jobs……people working as accountants arent out there building bridges today…..it was union payback and we all fell for it
also the last two unemployment reports were way up……and the reports are lower than the real number because it doesnt count those who were self employed and those who ran out of unemployment
