Sunday, March 01, 2009

Obama's budget (or how do you cut a deficit in half? By doubling it!)


That sound that you're hearing is our collective pocket being picked:
An eye-popping $1.75 trillion deficit for the 2009 fiscal year underlined the heavy blow the deep recession has dealt to the country's finances as Obama unveiled his first budget. That is the highest ever in dollar terms, and amounts to a 12.3 percent share of the economy -- the largest since 1945. In 2010, the deficit would dip to a still-huge $1.17 trillion, Obama predicted.
What the fuck? Seriously, people... what the fuck? Obama is literally doubling the deficit. Then he has the balls to suggest that he's going to cut it in half in a few years? What the fuck?

No comments: