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increasing spending.
Hope and change, and of course all of this plays right into the hands of the One. Never let a crisis that you created go to waste. From The Hill (via instapundit).
Just received an e-mail update from Sen. Chris Dodd (D-Conn.). It seems as though our economy is still “feeling the effects of last year’s crisis.” Now, last year was 2008, and this year is 2009. I guess he figures since President Obama took office, the crisis must have ended and it was – of course…
A lot, apparently. While some go on about what’s wrong with the American system, no one seems to recognize that, while the US expends a greater portion of GDP on health-care, sometimes you get what you pay for… (Hat Tip: Jonah Goldberg @ the Corner)
Just like many American families, the State of Connecticut is battling a budget problem. You see, revenues are down and expenses are up. Unlike the government, families just can’t raise their fees to generate income. Since increasing taxes has resulted in Tea Parties all over the country (bad karma for politicans), Governor M. Jodi Rell…
Can you believe this? Can you comprehend how much money one trillion dollars is? That’s 1,000 billion dollars. Now times that by more than three. For reference, in 2002 we broke the two trillion dollar mark. That means – no matter how you look at it – the federal government has grown almost 36 percent…
The age of $1 trillion-plus deficits continue. So far the federal government has overspent, resulting in the need to borrow $292 billion in October and November. We’re on track for a $1.75 trillion deficit for the current fiscal year.