Saturday, January 15, 2011

A deficit in the info about the Federal budget deficit

[mEDITate-OR:
think that Bill Clinton was the best thing that's ever happened to U.S,
and
that what W left to U.S. simply COULD not have been that bad.
AND, then...
realize that W's "nationalization" of FMae&FMac
and TARP
and the 2009 budget deficit W left U.S.
were all paid for by our/HIS borrowings from China.
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What U.S. worry.
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This 2n chart shows U.S. precisely what we are buying.
Defense - in two wars
Social Security payments to those too lazy to go back to work.
Health & Human Services.., to too many kids..., and
medical care to those too lazy to go back to work.
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Please notice the huge increase in the Dept of Labor
paying all those too lazy to go out and find a job.
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