A Break From the Last Two Posts
Just how is it that we are going to run a $1.2 trillion deficit for the near term future?
http://www.nytimes.com/2009/01/08/business/economy/08deficit.html?_r=1&hp
Comments, and on my pretentious days, essays, on what on a given day interests, amuses, annoys or outrages me.
Just how is it that we are going to run a $1.2 trillion deficit for the near term future?
http://www.nytimes.com/2009/01/08/business/economy/08deficit.html?_r=1&hp
Posted by Dave at 8:22 PM
5 comments:
Money, economics and karma are all kind of alike. They all even out in the end. Money=just print more and the deficit is paid for. Of course, the value of the currency goes way down and, in theory, values eventually catch up with the devalued currency.
Isn't that catch "down?"
I think we should just default. Seriously.
It would really hack of the Chinese, and nobody would lend us money ever again, but personally I'm fine with that.
I don't know what to think about this. Good thing I'm not in charge...
This is why the President and Congress working "toether" scares the poopity out of me.
Governmetn definitions -
Doing the peoples work = screwing you
We have a mandate = we're really going to screw you
Bipartisan = really screwed from both ends
The President and Congress worked together = OMG here comes a nuclear bomb of screwing.
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