I don't think you appreciate the devestation Bush wrought on the US economy. It was the largest recession since the great depression. The great depression took a decade to fix.
"Don't you just love the Obama results? 15 million unemployed, 3.5 trillion added to the debt, 821 billion stimulus program that created or "saved" jobs that cost the taxpayer $228,000 each. Those are the results "your" President generated and why he got shellacked in 2010." ~ Conservative
Remember: T-Bills are making up the difference between low income tax revenues and the debt. Too many bonds out there without tax revenue and you creat another debt crisis.
Last edited by Objective Voice; 07-19-11 at 03:54 PM.
California budget: Democrats pass austerity budget - Los Angeles Times
Cuomo budget: $10 billion deficit cut, no new taxes, layoffs likely
Jerry Brown Budget Cuts | California budget: Gov. Jerry Brown approves cuts to services for poor, sick and elderly - Los Angeles Times
MA House votes to restrict unions - Boston.com
New Jersey Assembly Passes Bill That Requires Public Workers' Unions To Pay More For Benefits - WPIX
Emanuel Unveils Major Budget Cut On First Full Day « CBS Chicago
Governor Pat Quinn signs Illinois education reform bill into law, new rules effect school days, teacher strikes, tenure | abc7chicago.com
Detroit Moves Against Unions - WSJ.com
Union Deal Defeated; Gov. Malloy Pledges To Cut State Workers - CTnow
Rahm Emanuel sends layoff notices to city workers in union showdown - Chicago Sun-Times
every hour that goes by the CUTS get bigger by trillionsBut, the bigger issue is all the actual deals that they turned down
the gang of six is suddenly bragging this morning about 3.75T of cuts that weren't there YESTERDAY
boehner's ccp GREW over the weekend from dollar for dollar (2.4T in cuts in return for a 2.4 lift) suddenly to 5.8T in cuts for the same 2.4 of credit card
CUTS are de rigueur, from albany to sacto, chicago and madison in between
and the RAGE is only growing