Archive for the ‘deficit’ Tag

Runaway Train

So the debt reduction agreement is supposed to reduce the 10 year cumulative deficit by $2.1 Trillion.

Reduced from what?  Last I heard, the Obama 10 year spending spree was going to accumulate another $14 Trillion in debt.  So now it’s only going to be what?  $12 Trillion?  Like tapping lightly on the brakes while the car careens wildly into a brick wall.