Friday, August 21, 2009
$9 Trillion Deficit!
More good news from Reuters: Revised deficit forecast to reach $9 TRILLION in 10 years. Now I understand that our economy is a dynamic system and should grow such that $9 TRILLION in ten years won't be the same as $9 TRILLION today...but this will become a giant sucking sound on our wallets. At what point do they stop dreaming up new programs to spend our money and worry about the commitments already made?