2009-2019 CBO projected deficits
Of course they are much higher than the white house says. So much for Obama's transparency.
It's boggling that there are people defending this - and even saying not enough is being spent. I think as a country we'll never learn until the bubbles get so big that we truly go through a true collapse. Since no politicians on either side have the stones to truly face this issue, the only way out of this is to inflate the debt away, which will be a different economic disaster. Funny, a way to hedge against inflation is real estate....
Of course they are much higher than the white house says. So much for Obama's transparency.
It's boggling that there are people defending this - and even saying not enough is being spent. I think as a country we'll never learn until the bubbles get so big that we truly go through a true collapse. Since no politicians on either side have the stones to truly face this issue, the only way out of this is to inflate the debt away, which will be a different economic disaster. Funny, a way to hedge against inflation is real estate....