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.